Maintenance loan

Apr 2019

I am a single parent and my child is going to uni this year. I have been sent a form by HMRC to verify my income and savings with regard to maintenance loan. Will my savings be taken into account as I was under the impression it was just taxable income?

MAINTENANCE LOAN STUDENT FINANCE
Answer
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The calculation is based upon annual household income, including income from bank interest. You can find more information as well as links to the student finance agencies across the UK on our student finance and funding page.

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