Student Loans while in an IVA

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missmxox

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Joined: Wed Feb 21, 2018 2:36 am

Post by missmxox » Fri Feb 23, 2018 9:18 am
Hi all!

Just looking for some information about being in an IVA and going to university.

One of the reasons I decided to start an IVA was so that I would have more manageable payments (now £160 down from £400++) so I could look at going to university.

I am wondering if I am able to take out a student loan or have a students bank account during my IVA. Am I able to use the student living allowance to contribute to my IVA monthly payments?
I will still make sure I earn enough money to cover my repayments by working part time.

If anyone has any experience or knowledge please let me know.

Thanks
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