We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Disparity in Living Loans across the UK
Options
Comments
-
After a bit more research I've uncovered the exact details of the financing (at least in NI) for student loans. Seems that there's a grant and a loan available to students there. The grant reduces and the loan increases as the household income increases. The combination starts at £6428 for students from households with incomes under £19200 and reduces as the income increases, Once the household income hits £30000 and above the combined value sticks at £4840 until you hit a household income of £41540 and above where it's no grant and a loan of 75% of the full grant (i.e. £3630).
So basically parental contribution in this case should be £6428 - (grant + loan). Now if the grant and loan are allocated separately and you get separate letters informing you of such I can see Martins plan to inform students of their parental contribution being a real headache to implement.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards