Student Bursary and Parent's income Query

patwa_2

Hi. I receive a student bursary as part of my paid tuition fees package. On the form, I have to declare parents income so that they can calculate the amount of money I receive.

Well, they just sent my mum a letter requesting her P60, which she doesn't have at the moment (with the tax office) and she plans to let them know that but send other proof of income, but that's besides the point. I just realised that I unconciously gave a slightly lower than accurate figure for her income on the last application form for the tuition fee payment and bursary. They had the info from the previous application filled in, and as I didn't know to the contrary (she hasn't been doing that much over time, etc) I just left them all as valid.

Anyway, from what mum's saying, the excess is about £550. I'm wondering - what is the likelyhood they will ask me to repay the money as opposed to simply deducting it from the next bursary next year? Of course, I'm happy to sort out anything I owe, and it was a genuine accident. But asking me to repay the money at this point would leave me with insufficient funds to cover expenses. I'd rather if it came down to it they pay me less next year, at least I'm not out of pocket now.

Anyone have experience with this sort of thing?