Advice for Student Regarding Grants and NHS Bursary!

york_snagglepuss

Hi!


Never done this before, so please bare with me!


I am currently a 2nd (and therefore final) Foundation Degree student graduating this year, but I am going onto year 2 and 3 of the physiotherapy degree - this is NHS funded.


I am receiving benefits - DLA and IB.


I have received a standard grant of £2765 each year along with tuition fee loans, amounting to approx. £8000 so far for 2 years.


I have recently come into some money and have enough to pay off these loans (I have checked and there is no penalty for doing this) but have read Martin's advice to keep the money in savings rather than paying student loans off.


However, I am re-applying for the grants for the next 2 academic years and an income-assessed NHS Bursary, will they take these savings into account and penalise me for having too much in savings to need free financial help and not award me the non-repayable grant or NHS bursary?


Help please?! Advise desperatly needed xx

Lokolo

Nope they don't check anything like that. You'll be fine.

take_time

Hi,

I have a similar concern, re having invested my student loans in tax free isa over the past couple of years and am now concerned re entering my final year if this will prevent me from being entitled to a NHS bursary.

Does anyone know the maximum you are allowed in personal savings before they start reducing your bursary? And if so where is this stated? I have trawled the Bursary information on line but cant find this.

Thanks a million,

take time