Childcare Grant

mishelly

Hi all,

My husband is looking at starting Uni in September and we are trying to work out whether we can afford this with the childcare fees we would incur.

Does anyone know how it is calculated? There seems to be an air of mystery surrounding how it is worked out and without this information, we don't know whether he can go or not.

Also, from the limited information I have been able to glean from various sources, it isn't clear if it is just assessed on the student finance income (so the previous year's income) or if it is repeatedly assessed year on year?

Any help anyone can give would be very much appreciated.
Many thanks.

flea72

You have to reapply for all finance every year.

when applying in the first year, they base it in your previous years income, as that is a known figure to work from and very few people have a dramatic change in income from one year to the next. However Once your finance amount is confirmed, you can then amend your income details, based on your projected income for the coming year.

Student finance paperwork is aimed at 18yr olds with no income. Not adults, who are most likely coming out of paid employment, to go back to study.

mishelly

Thanks Flea,

Any idea how the mysterious childcare grant is figured out?

Blondieandmouse

Hi I'm in receipt of the childcare grant. Do you mean how do they work out how much you can have? X

mishelly

Yeah, how do they work that out? do they just go off the student finance income assessment?

Taiko

They don't. If you can wait until Monday, I'll upload my old calculations spreadsheet for it. Some of the figures would need updating, as I left in 2010, but it would give you the principles of how to work it out. It'll probably make more sense than me typing it out at nearly 3am also!

mishelly

That would be great, thanks Taiko

Valli

OP

are you aware that your husband. as a full time student, may be disregarded as a resident for council tax purposes?

Check with your council for more details - it may mean a 25% cut in your CT bill.

Taiko

Can't find a good place to host it. Anyone know of anything? Rest are being a bit iffy with my laptop.

atypical

Google Docs?

http://www.wikihow.com/Make-a-Google-Doc-Public

Taiko

Shall create a dummy account in the morning and get it uploaded.