Okay, has any one idea about WFTC? How does WFTC work? Im a single mother and full time mature student. Im currently getting student loan, Childs learning allowance and housing benefit. I cant get a student grant because I was over paid in my 1st yr and they deduct it from the grant element. I want to boost this money by taking a part time job. I will then qualify for WFTC; will the amount I earn be deducted from my student loan?
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Im currently getting student loan
- Thread starter athenamathew
- Start date
- Sort by reaction score
Let me check with my wife and get back to you. She's in the student loan industry.
..and why is this your first post on a Mac site?
..and why is this your first post on a Mac site?
WFTC? Is that working family tax credits?
I don't really know that side of the tax system, but you could have a look here --> http://www.directgov.gov.uk/en/MoneyTaxAndBenefits/TaxCreditsandChildBenefit/TaxCredits/index.htm
I'm not 100% on how it works for mature students, but part of the student loan is based on income. This might be affected if you are working, but like I said, I am not 100% sure.
I don't really know that side of the tax system, but you could have a look here --> http://www.directgov.gov.uk/en/MoneyTaxAndBenefits/TaxCreditsandChildBenefit/TaxCredits/index.htm
I'm not 100% on how it works for mature students, but part of the student loan is based on income. This might be affected if you are working, but like I said, I am not 100% sure.