Graduate income definition ?

k8r4u

Re. student loans from 2012/13, the quick guide says "If you have additional income of over £2,000 from savings interest, pensions or shares and dividends, then this will also be treated as part of your income for repayment purposes. You'll need to repay 9% of that too via self-assessment."

Does this include "income" from cash or S&S held in an ISA, assuming it's left in the ISA ?

Lokolo

I doubt it as it's not taxable income.

somethingcorporate

Give them a call and ask - they can be quite helpful.

I'd agree with Lokolo but not harm in seeking clarity.

elliot20

Hi , I'm new into this forum or website let say. I have a question.
I've applied for university starting Oct.2012. MY current earning are around 32k ,and thats all my family of 4 income. Work I'm doing isn't related with the ug studies I'm taking. Am I entitled for all the tuition fee loan,,,,, and can I apply for any other grant or bursaries.??????????????? any help with answers appreciated

dizzyrascal

Are you studying full or part time? Will you carry on working?

elliot20

Sorry I'm intending to study full time.

AnnBar

Do you have a degree already?

elliot20

i'm working full time night shift and support my wife and 2 children with no other income. Yep I had a degree but 14 years ago. 'i'm starting from scratch