UPDATED again Anyone knowledgeable on student finance?

[vanlou]

Double check that you/they haven’t added the old employment income twice ie. taken the P60 total if the previous employments was included, and then added it again.

[WIGGYSMUM]

Neither of our 2 had to give tax codes for student finance applications, just actual earnings , hopefully you DD can speak to somebody in finance who can advise, surely if you have proof of earnings it should resolve itself. Good luck 🤞🏻

[Floridatilly]

Update…not impressed so far 😤😤😤
After spending an hour to get through my husband finally spoke to someone who basically told him the same thing as the person he spoke to on Friday:
Sorry there is nothing I can do personally, its how it works on the system. Once the new information you have sent is processed by an assessor (this years & last years p60 plus letter explaining the tax code issue) you will be updated if the decision is changed. Approximate date for this is the 22nd July because thats how long it will take to go through!

Absolute joke! My daughter is in a state and now thinking she can’t stay at university, she can’t get excited or start planning/buying things for her room etc
I just can’t believe it. I wouldn’t mind if he earned mega bucks but he is a teacher which certainly isn’t fantastic pay. No second income, nothing.
I am not a happy bunny

[cartoonp]

Originally Posted by Floridatilly

Update…not impressed so far 😤😤😤
After spending an hour to get through my husband finally spoke to someone who basically told him the same thing as the person he spoke to on Friday:
Sorry there is nothing I can do personally, its how it works on the system. Once the new information you have sent is processed by an assessor (this years & last years p60 plus letter explaining the tax code issue) you will be updated if the decision is changed. Approximate date for this is the 22nd July because thats how long it will take to go through!

Absolute joke! My daughter is in a state and now thinking she can’t stay at university, she can’t get excited or start planning/buying things for her room etc
I just can’t believe it. I wouldn’t mind if he earned mega bucks but he is a teacher which certainly isn’t fantastic pay. No second income, nothing.
I am not a happy bunny

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So so sorry for this why the"£$% dont they just sort it all it takes is a little bit of time and a little resach

[Kat11]

Can’t you cancel it then start again?

Have you googled as there does seem suggestion you can do this by updating your student finance, for example by changing uni’s (wonder if you could then change back?) I don’t think you would get it in time though for the new term if you could do this?

We decided to only apply for the lower amount for our Dd and didn’t need to give them our finances so I’m not totally sure of the process you went through.

I’m sure you’ve probably tried this but thought I’d mention.

It’s so disappointing when things don’t run smoothly and you’ve got enough on your plate at the moment without this.

Good luck.

Kat

[Sandra & co]

My son didn’t have any money to live on while at Bucks new uni, us and my mum used to help him out with his food every week. Then he got a part time job, he was skint but happy and used to have pre drinks before going out. My dd has savings which have helped but she’s been at home the last year so has managed to save a bit and got a rebate from rent. My dh is self employed and does his own tax so I don’t know how to works but I know they got their rent covered but not much left after. I hope you get it sorted xxx

[kathrynmc]

Originally Posted by Floridatilly

Update…not impressed so far 😤😤😤
After spending an hour to get through my husband finally spoke to someone who basically told him the same thing as the person he spoke to on Friday:
Sorry there is nothing I can do personally, its how it works on the system. Once the new information you have sent is processed by an assessor (this years & last years p60 plus letter explaining the tax code issue) you will be updated if the decision is changed. Approximate date for this is the 22nd July because thats how long it will take to go through!

Absolute joke! My daughter is in a state and now thinking she can’t stay at university, she can’t get excited or start planning/buying things for her room etc
I just can’t believe it. I wouldn’t mind if he earned mega bucks but he is a teacher which certainly isn’t fantastic pay. No second income, nothing.
I am not a happy bunny

See more...

It’s a pain, but at least you will know in plenty of time before she is due to start, the 22nd July isn’t that far off really.

It might be worth her trying to get a part time job or more hours, one of my DD’s friend is working more hours now they have finished college to go towards Uni

[Mexy02]

My son has done his student finance before the 31st may and still hasn’t had his back as yet so it’s not unusual to have to wait . The first payment isn’t until mid September. The payment also goes to the uni once you have the finance and the room is dependent on the grades ( unless she took unconditional ) so it’s too early to plan anyway . You have plenty of time to sort this out . as suggested though she may want to get a job as the money doesn’t go very far at all and nearly all students end up finding themselves or parents take the brunt of the cost to keep them in food and travel .

[Floridatilly]

Unfortunately my daughter takes after me and has zero patience and high level stress levels 🙈
She does have a part time job, 4 hours a week at Primark. She is hoping to grab more shifts but so are all the college & university students 😬😬😬 I am sure she can get some though 🤞🏻🤞🏻🤞🏻
If she gets the higher amount we would still have to help her out with food etc but paying the accommodation as well is too much £4k is a large chunk of money. Even with extra shifts she won’t save that amount.
Its just frustrating because she is entitled to it but can’t get it due to the tax code which makes no sense to my husband and I 🤷

[kathrynmc]

Can I ask, how much is her accommodation if you will still need to help her out with food. I would have thought £8000 as you mentioned earlier would have covered the majority of it.

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