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Maintainace loan - final installament
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Spendless
Posts: 24,663 Forumite


My student son has 3 weeks left of his undergraduate degree when he returns after Easter hols. His last student loan will be paid on the first day he returns. Will that be less then he's previously received? I believe it will be as this is what I've read before because it doesn't have to last him through the summer. He insists it won't because his girlfriend who graduated last summer hers wasn't - however she had a change in her parents finances (Mum not working for a while due to illness),
He receives the min due to our household income. We pay his rent and that is covered until the end of the summer. He lives in private halls. He's been doing some online work but it's become very sporadic. His gf isn't currently working. Last year when he lived in shared private housing, the housemate that finished their 3 year degree received a council tax bill the following week as their student status had ended.
He'll be job hunting but in the meantime, does he need to claim something when the course ends?
He receives the min due to our household income. We pay his rent and that is covered until the end of the summer. He lives in private halls. He's been doing some online work but it's become very sporadic. His gf isn't currently working. Last year when he lived in shared private housing, the housemate that finished their 3 year degree received a council tax bill the following week as their student status had ended.
He'll be job hunting but in the meantime, does he need to claim something when the course ends?
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Comments
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Yes, I would expect him to receive less in the final term.
I would have thought private halls were exempt from individual liability for council tax.
If he has no income he could claim universal credit. He won't be able to claim until after the official end of term or whenever it is deemed that the period the student loan covers finishes.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
I'm not sure that's right you know, just had my lads maintenance loan approved and it gives indicative dates, 3 of them , the last is 17/04 (end of first year) and that amount is very slightly higher than the first 2 , unless it change in final year?0
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Nick9967 said:I'm not sure that's right you know, just had my lads maintenance loan approved and it gives indicative dates, 3 of them , the last is 17/04 (end of first year) and that amount is very slightly higher than the first 2 , unless it change in final year?0
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Nick9967 said:I'm not sure that's right you know, just had my lads maintenance loan approved and it gives indicative dates, 3 of them , the last is 17/04 (end of first year) and that amount is very slightly higher than the first 2 , unless it change in final year?I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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I'm sure my Husband's student loan account tells him when and how much he'll be paid.
But agree with others that of your final year the last installment is reducedMake £2023 in 2023 (#36) £3479.30/£2023
Make £2024 in 2024...0 -
It'll definitely be lower. Suggest that he checks his schedule.0
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