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Hi thanks for your reply. If I was to apply after my university funding finished, could I still use the bursary as non-employment income over the past 12 months? I ask because of the followingD4109125 wrote:Category A and C can be combined.
So back to my original question, could I currently combine my stripend and employment income? I will be paid the stripend in the future too.D4109125 wrote:6.4.1. Of Annex FM 1.7 (click) says where the stipend is or will be paid, not has been paid. I suggest you read the relevant chapters in Annex FM carefully.
D4109125 wrote:Category A and C can be combined.
The question is, does the highlighted text relate to a previous payment or a future payment within the following 3 months?Annex FM wrote:
6.4.1. Where an academic maintenance grant or stipend is, or will be, paid on a tax-free basis, the amount of the gross equivalent can be counted towards the financial requirement. The person must be currently in receipt of the grant or stipend or will be within 3 months of the date of application, and the grant or stipend must be payable for a period of at least 12 months from the date of application or from the date on which payment of the grant or stipend will commence.
My grant commenced in October 2011. However it does not say "did commence" but "will commence" so I am assuming it means a future payment in the 3 months. So by this I can assume that I cannot apply using my part time job and bursary?D4109125 wrote:The question is, does the highlighted text relate to a previous payment or a future payment within the following 3 months?Annex FM wrote:
6.4.1. Where an academic maintenance grant or stipend is, or will be, paid on a tax-free basis, the amount of the gross equivalent can be counted towards the financial requirement. The person must be currently in receipt of the grant or stipend or will be within 3 months of the date of application, and the grant or stipend must be payable for a period of at least 12 months from the date of application or from the date on which payment of the grant or stipend will commence.
Indeed, how long is your stipend for and will it be renewed?awz1 wrote:My grant commenced in October 2011. However it does not say "did commence" but "will commence" so I am assuming it means a future payment in the 3 months. So by this I can assume that I cannot apply using my part time job and bursary?D4109125 wrote:The question is, does the highlighted text relate to a previous payment or a future payment within the following 3 months?Annex FM wrote:
6.4.1. Where an academic maintenance grant or stipend is, or will be, paid on a tax-free basis, the amount of the gross equivalent can be counted towards the financial requirement. The person must be currently in receipt of the grant or stipend or will be within 3 months of the date of application, and the grant or stipend must be payable for a period of at least 12 months from the date of application or from the date on which payment of the grant or stipend will commence.
My stripend began in 2010 and will end in just under 12 months. I am confused. I have an income which will count for £0?D4109125 wrote:Indeed, how long is your stipend for and will it be renewed?awz1 wrote:My grant commenced in October 2011. However it does not say "did commence" but "will commence" so I am assuming it means a future payment in the 3 months. So by this I can assume that I cannot apply using my part time job and bursary?D4109125 wrote:The question is, does the highlighted text relate to a previous payment or a future payment within the following 3 months?Annex FM wrote:
6.4.1. Where an academic maintenance grant or stipend is, or will be, paid on a tax-free basis, the amount of the gross equivalent can be counted towards the financial requirement. The person must be currently in receipt of the grant or stipend or will be within 3 months of the date of application, and the grant or stipend must be payable for a period of at least 12 months from the date of application or from the date on which payment of the grant or stipend will commence.
6.5.1 10(g) wrote:
(g) Maintenance grant or stipend income (not a loan) associated with undergraduate
study or postgraduate study or research:
(i) Documentation from the body or company awarding the grant or stipend confirming that
the person is currently in receipt of the grant or stipend or will be within 3 months of the date
of application, confirming that the grant or stipend will be paid for a period of at least 12
months from the date of application or from the date on which payment of the grant or
stipend will commence, and confirming the annual amount of the grant or stipend. Where
the grant or stipend is or will be paid on a tax-free basis, the gross equivalent amount may
be counted as income.
(ii) Personal bank statements for any part of the 12-month period prior to the date of the
application during which the person has been in receipt of the grant or stipend showing the
income was paid into the person's account.