Regardless of your parent’s income, you will be entitled to a student loan to pay your tuition fees.
Regardless of your parent’s income, as a British student you will be entitled to a student loan to pay your tuition fees. This loan gets paid directly to the college or university.
The maintenance loan is given to help towards student accommodation and living expenses. The amount of loan you receive can depend on your parent’s income. The loan is influenced by your parent’s earnings. Simply put, the higher the family income, the less loan you receive. In this shortfall, parents are expected to help cover costs which the maintenance loan can’t.
You must provide household income if you apply for the full maintenance loan. You’ll need to provide your household income for the previous tax year to your course study year. For example, if you are planning to attend university for the academic year 2024/25, you’ll need to provide household income from 2022 to 2023.
Household income includes:
Your household income does not include your parents’ income if you:
Learn more about how student finance is assessed here.
If you plan to live at home with your parents during your course, you will be entitled to less student loan than those moving out. You will still need to declare your parent’s income.
In order to find out exactly what you will be entitled to, use this easy student finance calculator. Please note that your result will be more accurate if you know your household’s annual income.
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