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Phd stipend as income for loan 2023

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  • onyskj's Avatar
    Fresh Eyes
    Hi,

    Could you provide me with the most up-to-date information whether you would class a phd stipend as income, meaning that I’d be eligible for a loan?

    I’ve done the eligibility checker, provided my employment status as full-time student and entered my stipend amount and it said i have 90% of being approved. Can I assume I passed the eligibility checks?

    In the post from last year, you indicated that stipend is not classified as income, so I’m confused as to why your checker hasn’t flagged it?

    Thanks so much for your help!
    -Jakub
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  • Verified Answer

    ChristopherP's Avatar
    Your Community Expert
    Verified Answer
    @onyskj Hey there, thanks for getting in touch. This wouldn't be classed as regular income on the application, I'm afraid. I'm sorry for any disappointment this may cause you.


    If you need to ask a question about a Tesco Bank product, you can make a post in Help & Support here


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