A career development loan should be treated as income. Disregard any income from a career development loan that is not intended to cover living expenses. The disregard applies for the period of education or training supported by the loan. Take into account as income any amount of the loan that has been applied, and paid for living expenses.
Sue is in remunerative work and applies for WFTC. Her partner
Ross, is a F/T student on an art and design course. Four weeks
before the WFTC application Ross received a career development loan
of £4,000 to pay for all his books and course materials, 80%
of the course fees and some of his living expenses.
The decision maker
1) disregards the amount of the loan intended for books,
course materials and course fees and
2) takes into account as income the amount of the loan that
was intended for living expenses.
