Everything you need to know in this post.
Perhaps unsurprisingly, claims for Universal Credit have increased in the UK amidst the 2021 closures and the wider pandemic.
As a result of the epidemic, the government has increased the amount of Universal Credit accessible to people, however, eligibility for UC is based on individual and personal circumstances.
Eligibility for Universal Credit
Successful claimants can claim between £100 and £812 if they have children, and the amount varies depending on whether they have sufficient funds to repay the loan.
How much Universal Credit do you receive?
Universal Credit is based on a basic benefit, although some people may be entitled to additional payments if they have children, are essentially disabled or have a health problem that prevents them from working, or need help paying rent. The amount of money you earn also plays a role.
To be eligible for a Universal Credit Loan, you must first
- – Have been getting Universal Credit, Employment and Support Allowance (ESA), Income Support, Jobseeker’s Allowance or State Pension Credit for at least six months, unless you need the money to start a new job or continue in a job.
- – You have earned less than £2,600 in the previous six months (or £3,600 for couples).
- – You must have paid off any previous Budget Advance debts.
Is it possible to get Universal Credit if you live with your parents?
If you live in the UK with your parents and are unemployed or on a low income, you may be eligible for Universal Credit payments. Universal Credit is only available to those aged 18 and over, although there are exceptions for some 16 and 17 year olds.
The amount of Universal Credit payments you receive is determined by a number of criteria, such as your income, where you live and more. Therefore, living with your parents can have an impact on your payments, as you may receive less in terms of housing costs.