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ESA and student loan

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Comments

  • Horseunderwater
    Horseunderwater Posts: 3,406 Forumite
    1,000 Posts Combo Breaker
    Ryanj wrote: »
    My money went up to £120 per week around 4 weeks ago if this helps?

    OK. Sounds correct. Sorry go wrong end of stick.
  • Ryanj_3
    Ryanj_3 Posts: 6 Forumite
    Does anyone know how to work out the amount of money I will lose? My student loan comes to a total of £5760 over the year.

    Thanks everyone for your help
  • LL30
    LL30 Posts: 729 Forumite
    It depends on a lot of factors, ie how many weeks of the year your finance is split over and what disregards apply to you. At a guess, you'd keep a little of it, but I couldn't be any more specific than that I'm afraid.

    I'm on contributions based and when this ends in Feb, I won't qualify for income based ESA because of my course funding - but I'm an MA student on a bursary, so my funding is totally different to yours. Ring your Uni's welfare advisers on Monday and they should be able to do the calculations for you.
  • Dunroamin
    Dunroamin Posts: 16,908 Forumite
    Ryanj wrote: »
    Does anyone know how to work out the amount of money I will lose? My student loan comes to a total of £5760 over the year.

    Thanks everyone for your help

    That seems very low for student funding - how have you calculated it?
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