Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • FinanciallyPerplexed
    • By FinanciallyPerplexed 12th Mar 18, 11:15 AM
    • 38Posts
    • 24Thanks
    FinanciallyPerplexed
    Education Maintenance Allowance and savings/income
    • #1
    • 12th Mar 18, 11:15 AM
    Education Maintenance Allowance and savings/income 12th Mar 18 at 11:15 AM
    I am thinking of applying for Education Support Allowance for my son who turns 16 shortly.

    My own position is that I am unemployed through ill health, so we qualify on household income grounds. However I am recently widowed and due a life assurance payout that will take my savings over the 16K limit normally applied to means tested benefits.

    I'm not sure if the limit applies to EMA. What I've seen on the web so far doesn't specifically mention savings - but can anyone give me a definitive answer?

    Thanks!
Page 1
    • Caz3121
    • By Caz3121 12th Mar 18, 11:22 AM
    • 11,191 Posts
    • 7,342 Thanks
    Caz3121
    • #2
    • 12th Mar 18, 11:22 AM
    • #2
    • 12th Mar 18, 11:22 AM
    It is not you that would be applying, it is your son so I don't believe your savings are considered
    https://www.mygov.scot/ema/
    • pmlindyloo
    • By pmlindyloo 12th Mar 18, 11:27 AM
    • 11,491 Posts
    • 13,375 Thanks
    pmlindyloo
    • #3
    • 12th Mar 18, 11:27 AM
    • #3
    • 12th Mar 18, 11:27 AM
    According to this link

    http://www.west-dunbarton.gov.uk/media/4310767/wdc-ema-guidance-notes-2016-17.pdf

    It is only the interest of any savings that is taken into account with your household income.
    • FinanciallyPerplexed
    • By FinanciallyPerplexed 12th Mar 18, 11:57 AM
    • 38 Posts
    • 24 Thanks
    FinanciallyPerplexed
    • #4
    • 12th Mar 18, 11:57 AM
    • #4
    • 12th Mar 18, 11:57 AM
    Caz. - it's household income that applies.

    pml. Thanks!
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,356Posts Today

7,669Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line? https://t.co/kwjvtd75YU

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin