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Impact of inheritance on student loan

kevinanddebra
kevinanddebra Posts: 2 Newbie
in Loans
Recently I inherited a reasonable amount of money from my Grandmother's estate. I currently have a student loan but my income is less than the threshold where I have to start paying back and the loan is currently deferred. Does the inheritance count as income that would trigger me having to pay my student loan or is it a "windfall" that I can invest separately?

Thanks

Comments

  • KSoni
    KSoni Posts: 62 Forumite
    No. it is not an income. It is clearly a windfall which you can invest without any problems. Your grandmother's estate will have paid the IHT.
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