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Example (a)
The applicant‟s partner is in receipt of a tax-free academic stipend of £12,000 a year and
also has post-tax employment income of £4,500 a year. Her combined net income is
£16,500 (£12,000 + £4,500). There are no sponsored children.
The applicant‟s partner has an income which is more than the equivalent net amount
(£15,800) needed to meet the gross level of the financial requirement (£18,600).
So long as you can supply the specified evidence it should be acceptable.specified evidence wrote:(g) To evidence a maintenance grant or stipend (not a loan) associated with undergraduate study or postgraduate study or research:
(i) Documentation from the body or company awarding the grant or stipend confirming that the person is currently in receipt of the grant or stipend or will be within 3 months of the date of application, confirming that the grant or stipend will be paid for a period of at least 12 months from the date of application or from the date on which payment of the grant or stipend will commence, and confirming the annual amount of the grant or stipend. Where the grant or stipend is or will be paid on a tax-free basis, the amount of the gross equivalent may be counted as income under this Appendix.
(ii) personal bank statements for any part of the 12-month period prior to the date of the application during which the person has been in receipt of the grant or stipend showing the income was paid into the person's account.
my wife's scholarship income is tax free so should I enter her net income into the form, or work out what the gross equivalent would be to tie up with the gross income I am entering?