Chapter 15: How income affects universal credit1. Working out your income2. Grants and loansIf you get a student loan for maintenanceIf you do not get a student loan for maintenance3. Dividing income throughout the year4. Earnings5. Benefits6. Maintenance7. Savings and other capitalThis chapter explains how much weekly income is taken into account when working out your entitlement to universal credit (UC). If you are getting income support, income-based jobseeker’s allowance, income-related employment and support allowance or housing benefit, see Chapter 16. If you are getting child tax credit or working tax credit, see Chapter 17.Basic facts•Student loans for maintenance and some grants count as income when working out how much UC 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 for maintenance to which you are entitled is taken into account as income, whether or not you apply for it.