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Student loan income and capital

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  • December 5, 2006 at 11:14 am #23224
    musd
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    I have a claimant who is a student and receives a student loan which we are taking into account as weekly income. however she is complaining that we are also taking it into account in the tariff income that we are using as she said that part of her capital is the loan that she has put into her bank account and therefore she suggests that we are double counting it. I am not aware that it is capital that we can disregard but could anyone confirm it or put me right if my thoughts are wrong.

    Any information greatly received.

    December 5, 2006 at 11:16 am #11534
    Anonymous
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    She is right. See para 22 of Schedule 6 – definitely disregarded for as long as it counts as income

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