Chapter 21: How income affects universal credit
This chapter covers:
1. Working out your income (
here)
2. Grants and loans (
here)
3. Dividing student income throughout the year (
here)
8. Savings and capital (
here)
This chapter explains how much weekly income is taken into account when working out your entitlement to universal credit (UC). If you do not yet come under the UC system and are claiming income support, income-based jobseeker’s allowance, income-related employment and support allowance or housing benefit, see
Chapter 22. If you are claiming child tax credit or working tax credit, see
Chapter 23.
Basic facts
– Student loans and some grants count as income when working out how much universal credit you can get.
– Loans and grants are taken into account as income during the academic year, but ignored in the summer vacation.
– The maximum amount of student loan to which you are entitled is taken into account as income, whether or not you apply for it.