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The One Account and Private School

Your probably wondering what this is?

I intend to send my boys to a private school. Now like every other parent, i too will be applying for a Bursary (or part of one).

Just picked up the "Confidential Statement of Financial Circumstances - In support of an application for a Grant" Application Form.

It says on there i need to enter my
  • Mortgage interest (include capital repayment as well as interest)
  • Savings
Now as a keen stoozer - i have a large pot, meaning i pay very little interest.

For the sake of this application - should i stop the stoozing (pay back the cards) and just report the actual mortgage i have left?

Will they require proof? Or can they check?

Any experiences anyone?

Many thanks

Comments

  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    I would personally reply with what I would be paying if I did'nt stooze. It's nobodies business how you choose to reduce your payments with these methods ... I stand to be corrected though!!

    Not sure how they have proof of mortgage payment with a One Account as there is no set mortgage payment?
  • yus786
    yus786 Posts: 676 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    wymondham wrote: »
    Not sure how they have proof of mortgage payment with a One Account as there is no set mortgage payment?

    True - i'm not sure either.

    Might send them an email.
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