HMRC app helps with student finance applications

Google reviews
July 09, 2024
n

An app from HMRC which provides information such as your National Insurance number and tax information has been flagged by the taxman to help students completing their A’ Levels this year and planning to head to university in September.

Anyone who is applying for student finance – for Fee Loans, Maintenance Loans or Maintenance Grants – for the 2024/25 academic year is encouraged to start their application now, so it can be processed in good time before the academic year starts in September.

In the 12 months to March 2024, more than 112,000 customers called the National Insurance Helpline to find out their lost or forgotten NI number, with almost half of these calls coming from customers aged between 16 and 20, according to HMRC’s data.

May was also the busiest month, with more than 6,400 young people calling the helpline for this information, which coincides with them applying for their student finance, HMRC said.

Where can I find the app to download it?

To avoid having to call, students are being encouraged to download the free HMRC app from GOV.UK, which will give them access instantly to the details they need.

Suzanne Newton, HMRC’s Director General for Change Delivery said: “Getting your NI number is simple with a tap of HMRC’s app and young people should take advantage of it. Download the HMRC app today straight from your phone’s app store to get all the info you need quickly and easily.”

Students can apply for finance to help with the cost-of-living expenses, but what they will receive will depend on household income and where they will live while they are studying. To complete the application, they will also need to have their parents’ or partner’s NI number.

They will also need:

  • A working email address.
  • A bank account in their own name.
  • A valid UK passport.
  • Course details.

Source: HMRC

You can find more information on GOV.UK.

Let us help you

If you need any assistance making your own or your child’s application for a student finance, then please get in touch and we will be happy to offer you the help and guidance you need.

Resources

Recent Articles

New Pension Schemes Bill to benefit 20 million workers

New Pension Schemes Bill to benefit 20 million workers

The Government’s new Pension Schemes Bill is expected to make it easier for millions of people to manage their pensions, by improving returns, and combining smaller pension pots to create bigger and better pension funds. The benefits of combining smaller pension pots...

Record number of self-assessments sent in first week of tax year

Record number of self-assessments sent in first week of tax year

Just under 300,000 self-assessment tax returns were filed in the first week of the 2025/26 tax year, according to HMRC, way ahead of the deadline of January 31, 2026. A total of 299,419 tax returns were filed between April 6 and April 12 – 28,503 more than the same...

Changes to umbrella company payments could reduce wages

Changes to umbrella company payments could reduce wages

Umbrella companies are typically used by recruitment agencies to employ workers on temporary contracts, in sectors like IT, healthcare, construction and education. Usually, the contractor or temporary worker will work for a client, the client pays the recruitment...

Ready to join us?

Whether you’re a contractor, freelancer, or small business, Bright Ideas can help remove the burden of time-consuming and complex finances. We’ll draw on our years of knowledge and experience earned helping sole traders just like you.

When you choose us, you’ll be assigned a dedicated Account Manager who’ll provide one-on-one support that’s customised to your business. Communication is key, so we’ll always answer your questions or requests as soon as we can. In fact, we offer a same-day response guarantee for emails and calls received before 3pm.

Contact us to get started

Give us a call us or send an email today!

Looking to Switch Accountants?

Does your current accountant give 1-to-1 support? Are they fast and thorough?
Slap-dash services hold businesses back, so try our expert accountants instead. We make the transition simple, get in contact with us today and we’ll start the process.

Start the conversation

Let’s make your finances Brighter

Call us Monday to Friday 9am - 5pm

0161 669 4221

Request a call back