Topic Resolution: Resolved
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Up2
I’m trying to apply for the Access scholarship for CFA L1, and it is asking me to enter approximate income. However, I am still a student and do not hold any assets or have a salary. Am I supposed to factor in my parents’ salary and assets?
Our house, owned by my parents, was bought on loan and the loan is not fully paid off. Should I still consider the full value in net assets?
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Up0
Hi folks, I have the same issue, if anyone from the community could clarify, that would be great!
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Up0
I think it’s a matter of interpretation.
- Parents salary: I would include this. My reasoning is that students of affluent parents should have less of a need for an Access Scholarship.
- Assets/house: Net equity on the home (i.e. value of home – amount owed in the loan) should be reasonable.
Hope that helps!
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