You might need to give Student Finance England information about your income if your child or partner has applied for student finance that’s based on your household income.
You’ll be asked for financial details for the last full tax year previous to the start of the academic year. For example, if the student is applying for the 2019/20 academic year, the tax year will be 2017/18. Student Finance England will ask for details of the previous tax year because this is the most recent full tax year at the time applications open.
Your information will be used to work out if your child or partner can get extra Maintenance Loan on top of the Tuition Fee Loan and basic Maintenance Loan.
If your income in the current tax year is likely to be at least 15% lower than the previous tax year, Student Finance England can assess your household income