Loophole for wealthy undergraduate students

Loophole for wealthy undergraduate students

Loophole for wealthy undergraduate students

First published in News

STUDENTS from wealthy backgrounds have accessed support designed for the poorest families due to a ‘divorce loophole’.

Wealthier undergraduate students are said to be accessing grants and generous loans after ministers allowed high-earning divorcees to avoid joint income calculations.

The decision, made when fees were trebled in 2012, is thought to have created a loophole for wealthy, but divided families.

It means around 25 per cent of university students have qualified for £3,200 grants in spite of the fact only a fraction come from poor households.

Ministers have spent recent months discussing how they can cap the spiralling £1.4billion bill for grants.

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