Student loan 23 March 2021 at 7:47PM in Student MoneySaving 1 reply 41 views

irishesman

hi
my daughters grandparents have very kindly put away some money in a trust for my daughters education. Looks like it’s about £10k per year. Does she have to declare this in the student loan application and will it affect her overall grant? She will get the minimum loan because of family income 
thanks 

jacklaurence

No you should be fine without declaring this to the student loans company. They only ask you to declare the parent's income and savings.