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Can Grandma pay off student loan?

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ca55ie
ca55ie Posts: 254 Forumite
in Student MoneySaving
My mum wants to pay off a large chunk of my daughter's student loan (£10k). She doesn't understand its not necessarily the best way to help granddaughter financially - but hey ho thats parents for you :)

My question is can she make this contribution to my daughter or will it be taxed as unearned income? Is there some way around this - I object to contributing further to the HMRC

Thanks

Comments

  • Poolie
    Poolie Posts: 1,882 Forumite
    Ca55ie as you posted the same question on the loans board. I will not bother responding to the same question again.
  • ca55ie
    ca55ie Posts: 254 Forumite
    Poolie

    firstly - thank you for replying to the thread.:)

    secondly - thought I had deleted it from the other thread but I can see now I hadn't managed to. :( Obviously I'm not so forum savvy as i thought

    Thanks again
This discussion has been closed.
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