The means test for an application under the student grant schemes is normally based on income in the last full financial year. Therefore, eligibility for a student grant for the academic year 2009/10 will be assessed on income from the 2008 financial year.
However, if there has been a permanent change of circumstances at any time during the period 1st of January 2009 to the last term of the 2009/10 academic year which may affect reckonable income, then eligibility for the grant may be re-assessed to reflect those changed circumstances.
Where a dependent student's parent experiences a permanent change in income level, for example, through a reduction in working hours or unemployment, then they may apply to their local authority or VEC to have their eligibility for a grant assessed on the basis of the new income level.