What is a pay slip? What is a bank extract?
Answer 02: Both these documents help us better understand your relative financial need, an important factor when considering whether or not you require financial support. A pay slip is the monthly or bi-weekly document your organization sends you which shows how much you were paid in both fixed and (if applicable) variable salary. A bank extract is either a letter from your bank, or your monthly statement, either of which shows your recent bank balances and income flows.