Professional studies loans

Any study-specific loans offered by banks or other lenders are always treated as income rather than capital, no matter how they are paid.1IS Reg 41(6) IS RegsJSA Reg 104(5) JSA RegsESA Reg 105(4) ESA RegsHB Reg 41(4) HB Regs The loan is taken into account if it is intended, and used, for food, ordinary clothing or footwear, household fuel, rent met by HB, housing costs met by IS, JSA or ESA, council tax or water charges. Once the period of education supported by the loan is completed, the loan is disregarded altogether, whatever it was originally intended for.