Student bank accounts and overdrafts
All full-time UK students should be eligible for a student bank account. Unfortunately these are generally not offered to international students. Before letting you open a student bank account, the…
Browsing content
Showing content tagged “medical students”.
National Insurance
National Insurance (NI) contributions are payments made towards certain benefits such as the state retirement pension, employment and support allowance (contribution-based) and contribution-based jobseeker’s allowance. Your NI payments should be…
Income tax for medical students
Income Tax is a tax levied directly on personal income. Students are not exempt from paying income tax, but you’ll want to be sure that you aren’t paying more than…
National minimum wage
If you do take on a job, make sure that you are not paid less than the National Minimum Wage (NMW). This is a minimum amount per hour that most…
Child benefit and tax credits
Child Benefit Child benefit is a benefit given almost universally to the primary carer of every child in the UK. The amount payable in Child Benefit is £20.80 for the…
Benefits and tax credits overview
Welfare benefits Welfare benefits are payments made by the government for living costs. They are a ‘safety net’ for people who can’t meet their own financial needs, or because they…
Welfare benefits for medical students
Means-tested welfare benefits The main types of means-tested benefits are: Income support (IS) – living cost support for people not expected to be available for work. Income-based Jobseekers' Allowance (IBJSA)…
Financial support for medical students in Scotland
If you live in Scotland and remain there to study, you might be eligible for the following financial assistance. Fees The Student Awards Agency for Scotland (SAAS) will pay your…
Financial support for medical students in Northern Ireland
If you live in Northern Ireland and remain there to study, you might be eligible for the following financial assistance. Fees You won’t have to pay any tuition fees before…
Financial support for medical students in Wales
If you live in Wales and remain in Wales to study, you might be eligible for the following financial assistance. Fees You won’t have to pay any tuition fees yourself…