Some State benefits designed for the people of the UK

SLC Student Loan Service:

Money is a key to survival in this world. To meet your basic requirements you need to work. In European countries mostly students are expected to do a job in order to meet their education expenses. But you can’t manage doing a job if you are a regular student. In some cases it become difficult to continue your job and studies together so some students prefer to quit their studies rather than a job. As a result a deserving student get deprive of the studies. In order to cater the needs of these students SLC was established in 1989. It’s a non-profit loan-provider organization and it is working for the prosperity of the students who can’t afford the education expenses on their own. SLC provide student loans so that they can cover up the gap between the money they need to borrow and the money they actually need in order to meet their educational expenses, accommodation and living costs. Different categories of loans are provided by us:

1)    Greater financial support is provided to the full time students

Loans are provided to those individuals who are enrolled as the regular students in the universities. Students who are dependent on others for their living costs are also included in our target market. How much loan would be granted to a student depend upon his/her circumstances.

2)    Tuition fees

Tuition fees of the students who have applied for SLC loans are directly submitted in the accounts of their universities. Along with tuition fees additional grants are provided to the students so that they can meet the required expenditures.

3)    Adults dependent grants

When you are studying full time and you don’t have a time for job then monetary assistance would be provided to you in order to meet your extra expenses.

4)    Financial assistance for study tours

If you are a student and your need to travel for your studies or you are required to go to other country for your thesis or research, then you don’t need to worry because travel allowance would be provided to you.

5)    Disable Students allowance

Students who are need and don’t have enough money for their education and they are physically disabled the SLC has designed some special loans packages for them. Whether they are part time students or a regular student, financial assistance and loans will be provided to them. If you think that you are eligible for student loans, then contact us on SLC Student Loans Helpline Number.

Working Tax Credits Service:

A person spent most of his life chasing the almighty dollar. Money has become an invincible warrior and everyone is running after it. After working for hours and hours still some people fails to get enough money for their bread and butter. Thanks to the UK government because they have designed a state benefit policy with the name of working tax credit. It is specifically designed to support those families who are not able to run the expenses of their houses even after doing a job. Now, the question is who can apply for WTC?

Terms and conditions:

1. Working is a first term and condition if you want to avail benefit from WTC. You need to work for at least 16 hours a week whereas; in some cases working 30 hours a week is a requirement.
2. You must be aged above 16 or 25. If you are a single parent and your age is 16, then you are eligible for WTC.
3. If you are single, then your annual income should be around £14,000. If you are a couple, then you must be earning £19,000 annually. If you have 1 child, then your income should be £45,000, in case of 2 children your annual income should be £60,000 and in case of 3 or more children your annual income should be £70,000.

If you fulfill the above criteria, then next comes how much money you will get from WTC? It depends upon the following factors:

1. Your monthly and annual income
2. Number of children you have
3. The number of hours you work
4. If you are a divorcee and paying for childcare
5. If you are disable

Once you get the WTC, then you need to renew it every year. If you fulfil the above criteria, then you can claim for WTC by dialling working tax credits contact number.