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2. Grants and loans
Grants
In general, grants intended for living costs are taken into account and grants for other costs are disregarded. For details of how discretionary funds are treated, see here.
If you are not eligible for a student loan, the disregards for books, travel and equipment are deducted from your grant (see here).
The following further education (FE) grants are disregarded:
    education maintenance allowance;
    additional support needs for learning allowance for disability costs;
    study expenses allowance if paid for books and equipment;
    travel expenses allowance;
    lone parents’ childcare grant.
The following FE grants are taken into account:
    bursary maintenance allowance;
    care experienced bursary maintenance allowance;
    dependants’ allowance.
The following higher education (HE) grants are disregarded:
    young students’ bursary;
    independent students’ bursary;
    lone parents’ childcare grant;
    disabled students’ allowance;
    travel expenses;
    tuition fees;
    childcare allowance.
The following HE grants are taken into account:
    care experienced students’ bursary;
    care experienced accommodation grant (counts as capital if paid as a lump sum);
    dependants’ grant;
    lone parents’ grant;
    nursing and midwifery bursary, single parents’ allowance and dependants’ allowance.
If you are a postgraduate student, take into account any research council or other maintenance grant and dependants’ allowances. Grants for living costs are treated in the same way as those for undergraduates.
Example
Ramla is on a one-year FE course and gets a bursary of £4,247.97 for a 43-week course. Her income is her bursary minus the £693 disregard, divided by 43. This is £82.67 a week.
Student loan
Student loan income includes the maximum loan available, not including any hardship loan.1The National Health Service (Travelling Expenses and Remission of Charges) (Scotland) (No.2) Amendment Regulations 2013, No.327 This is taken into account as your income whether or not you apply for it.
Examples
Madhu is 20 and is a second-year undergraduate. She gets a student loan of £5,750 and a young students’ bursary of £2,000. The bursary is disregarded, and £693 is disregarded from the student loan and the result is divided by 52 weeks. Her total weekly income is £97.25.
Lewis is 26 and is a second-year undergraduate. He gets a student loan of £6,750 and an independent students’ bursary of £1,000. He also works part time, earning £55 a week. The bursary is disregarded, and £693 is disregarded from the student loan and the result is divided by 52 weeks, giving a weekly income from his student loan of £116.48. Five pounds of his earnings is disregarded (see here) and £50 a week is taken into account. His total weekly income is £166.48.
 
1     The National Health Service (Travelling Expenses and Remission of Charges) (Scotland) (No.2) Amendment Regulations 2013, No.327 »