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Education Maintenance Allowance and savings/income

I am thinking of applying for Education Support Allowance for my son who turns 16 shortly.

My own position is that I am unemployed through ill health, so we qualify on household income grounds. However I am recently widowed and due a life assurance payout that will take my savings over the £16K limit normally applied to means tested benefits.

I'm not sure if the limit applies to EMA. What I've seen on the web so far doesn't specifically mention savings - but can anyone give me a definitive answer?

Thanks!

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