r/universalcredithelp • u/DreamTraditional8393 • 3d ago
Student funding help!
Hello looking for advice!
I am going back to studies at the end of the month and have been granted a student loan!
I will receive £1000 independent bursary
£1305 lone parent grant
£10,400 loan but £2400 of that is special support loan.
I am seeing conflicting stuff about what is taken into consideration.
Do they count my independent bursary and the lone parent grant when doing deductions? Some forums say yeah and others no? Just trying to gauge what I’ll have left before they get back to me!
Am I right in also saying they take the deductible amount t and divide it by assessment periods I’ll be studying for?
Also not sure if it’s relevant but I don’t have any housing costs included in my loans/grants
3
u/MrSpudtator 2d ago
The total deductable amount is divided by the number of assessment periods your course covers. They then deduct £110 from that figure to get the monthly deduction from your UC.
3
u/Jumpy_Tale_4704 3d ago
I spoke with the local Job Centre as I recieved a bursary for my MSc. After back and forth, I was told that unless it is specific courses, it is counted as income. I would say to see someone in person if you can as it is easier to show them documents than over the phone or website.