Applying for a student grant for Daughter

depression

Our Daughter is hopefully going to university this year (2011). When they work out student grants i.e,extra money my daughter may get. They ask for the parents gross earned taxaable income.My wife works part time and I am on incapacity benefit and dla benefit.
Do I have to include my benefits as earned taxable income or do we just use my wifes income. Thank you for your help.

KxMx

IB is classed as taxable income, not sure about DLA. Best to include it all and send a copy of your award letters, they can sort out what's what.

Indie_Kid

KxMx wrote: »

IB is classed as taxable income, not sure about DLA. Best to include it all and send a copy of your award letters, they can sort out what's what.

DLA isn't classed as income.

zzzLazyDaisy

I would check with the funders. DLA is not taxable and is almost certainly disregarded, but it may still be worth declaring it as in some cases is a passport to a higher income exemption. On the other hand IB is a taxable benefit and is normally taken into account in full. But only the funder can give you a definitive answer to your question.

sunnyone

Not all IB is taxable, it depends on when it was first awarded, mine from 1992 is tax exempt.

MrsManda

depression wrote: »

Our Daughter is hopefully going to university this year (2011). When they work out student grants i.e,extra money my daughter may get. They ask for the parents gross earned taxaable income.My wife works part time and I am on incapacity benefit and dla benefit.
Do I have to include my benefits as earned taxable income or do we just use my wifes income. Thank you for your help.

According to the guidance notes you don't need to include income from DLA but you do need to include income from IB after 28 weeks of incapacity.

See page 10 on the document below - opens into a pdf.
http://www.direct.gov.uk/prod_consum_dg/groups/dg_digitalassets/@dg/@en/@educ/documents/digitalasset/dg_183331.pdf

or download the financial assessment form here:
http://www.direct.gov.uk/en/EducationAndLearning/UniversityAndHigherEducation/StudentFinance/DG_183342

[Deleted User]

the info pack with the application form explains everything