What happens to my LU bursary if the level of household residual income changes within the year or is unverified?
The award is based on the annual LEA assessment of household income. If the level of income exceeds the level where a bursary is awarded you will not be eligible to this award for that year. If incomes changes and is re-assessed within the year then providing Student Services receives new income data information from the Student Loan Company, prior to the end of June, the bursary award will be re-assessed. Unverified income – Student Services cannot calculate any bursary entitlement without a verified income figure from the relevant assessment authority. (e.g. LEA) Unverified income can exist where information is being awaited, for example final annual accounts for self employed parents, by the assessment authority. Parents (or students) need to resolve any outstanding information required by the LEA / SLC so that income data becomes ‘verified’. Once the verified income data is received by the University we can calculate and send an award notification, this data must be received from t
