Help for possible new Job, is it worth it?

Rosegrace_2

I was hoping for a bit of advice for what entitlements we would be eligible for if my hubby takes on a two year position at a lower pay.
It is a training position in a hospital at £15,000 per year before tax, we have two children and I am a student and will be until hubby would finish the two year position.

It is a two-year in house training university based course, however on an employed basis rather than a student. Which will lead to a substantial promotion after the two years, however it means dropping his current pay dramatically by at least 60% for the two years only.

What we need help with is although I appreciated it is a voluntary act to take on the position, obviously we still have to live, and we have done a basic check on benefits and income, but we are still unsure if it is financially viable.

It seems to be if you are working (this is a full time working position with study included) that there doesn't seem to be any incentive to better your self as opposed to not working and claiming benefits.

Any help would be gratefully received ,

thanks, Caroline

Dunroamin

Have you looked at any additional funding you may be eligible for (I'm thinking of the Adult Dependents Grant) when your husband's on a lower income - also the effect on your loan/grant situation?

Student funding + £15k pa+ CB/CTC is quite a decent income.