Students: Are student loans taxable

 

We never tax student loans.

Other types of help which you do not pay tax on while you are studying are:

  • grants
  • contributions or help from your parents
  • most scholarships
  • most research awards
  • Housing Benefit
  • most gifts and loans from relatives
  • income from Individual Savings Accounts (ISAs)
  • prizes won by students for academic excellence.

If you are unsure whether or not you will have to pay tax on any other type of income, you can contact us for help

   
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