Expired Ideas

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  • 7 score
    7 voters

    Change the way bursaries are assessed

    Submitted 2 months ago by Anonymous Expires on 17 Mar
    Current
    • Wellbeing
    • Money
    • Equality
    1comment
    Instead of looking at household income why can't we look at disposable income that the household has. My husband earns over the threshold but we have a high mortgage because of the increase in interest rate,bank loans, full childcare costs (as again don't get any help as we "earn over the threshold") and other bills food,car fuel etc. We don't actually have any disposable income at all. It is financially difficult as a mature student with household and caring responsibilities.
Darren Cassidy
4:18pm on 28 Sep 24 This sounds like a wonderful idea to me. As disposable income can change dependant on the needs of a family such as disability, access to transport and running costs on whatever your family needs, we all use money differently. This would probably have to be documented and costed properly but I can see your position. As like you said mortgage rates and the volatility of the market currently can change peoples disposable income rapidly and they are then at a disadvantage. The student union and student hub services can offer advice and support on many things, so also see if they could help direct you somewhere you never know without an ask. I haven't as of yet made use of these services myself but I have heard from a few people already that there are options dependant on circumstances.