Tax Credits: Student income

The only student income taken into account for tax credit purposes are the adult dependants’ grants, payable under section 22 of the Teaching and Higher Education Act 1998 (in England and Wales), under the Student’s Allowances (Scotland), Regulations 2007 and under equivalent provisions in Northern Ireland .

Non-taxable interest payable on repayment of loans to the student (ITTOIA 2005, section 753) and scholarship income (ITTOIA 2005, section 776) are disregarded.

Last reviewed/updated 1 July 2022