TCTM04005 - Income: Student Income
The Tax Credit (Definition and Calculation of Income) Regulations 2002, Regs. 8 and 9
Student income means:
In England, any adult dependants鈥� grant which is payable under
- Regulations under section 22 of the Teaching & Higher Education Act 1998(b)
This treatment of income also applies to equivalent provisions in Northern Ireland.
In Wales any adult dependants鈥� grant which is payable under
- Regulations under section 22 of the Teaching and Higher Education Act 1998(d)
In Scotland
- Any adult or child dependant鈥檚 grant payable under regulation 4(1)(c) of the Students鈥� Allowances (Scotland) Regulations 2007.
Student Income disregarded
The Tax Credit (Definition and Calculation of Income) Regulations 2002, Regs. 8 and 9
When calculating student income disregard in full:
- student loans
- all other grants (for example, to meet the cost of tuition fees, child care, school meals etc)
- payments from Hardship Funds
- access and opportunity bursaries
- disabled student allowances
- in Northern Ireland, low income bursaries for Further and Higher Education Students
- in Scotland, income related bursaries; and
- in Wales income related grants
- scholarship income exempt from income tax by virtue of section 776 ITTOIA
- interest on reimbursement of student loan repayments exempt from income tax by virtue of section 753 ITTOIA