New school leavers urged to use HMRC app to help apply for student finance

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Personal Finance News

Universities And Colleges,HMRC,Teenagers

Scottish students heading to college or university after the summer may find the app useful for accessing personal details.

With many Scottish Higher students planning their next steps in life, those starting university in September can ‘tap the app’ to get National Insurance and tax information they need to complete their student finance applications faster, HM Revenue and Customs has said.

HMRC data shows that in the 12 months to March 2024, more than 112,000 people called the National Insurance Helpline asking for a lost or forgotten NI number of which nearly 50 per cent were from customers aged between 16 and 20. It also shows May was the busiest month with more than 6,400 young people calling the helpline for their NI number, coinciding with students applying for their student loans.

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 also apply for finance to help with cost of living expenses. How much they receive is dependent on household income - as well as where they live while they study.

Bill Watkin, Chief Executive of the Sixth Form Colleges Association said: “Downloading details from the HMRC app will speed up the process of applying for a student loan. Preparing for higher education can be a time-consuming process for sixth form students so we are pleased this will help to reduce the administrative burden on young people.”

 

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