28min chapter

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Teen money special: Lessons for everyone

The Martin Lewis Podcast

CHAPTER

Hidden Parental Contribution for University Funding

The chapter discusses the hidden parental contribution for English, Scottish, and Northern Irish maintenance funding for university students. The amount of money students receive for living expenses is dependent on a means test of family income, which includes the income of the main household the student lives in and the partner of a divorced parent or new step parent. The chapter also highlights how the amount of money students receive reduces based on parental income and suggests that there is an implied parental contribution.

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