The means test requires full disclosure of all applicants financial position.
The purpose of the means test is to identify children who are necessitous and the level of necessity.
Grants are awarded in bands of fixed amounts and not a pro rata amount as a percentage of fees to be paid.
Information requested is outlined in the application form and includes what you would normally expect to see in terms of income and assets.
The SEC retains the right to ask for refunds where an error on anybody’s part is discovered and an overpayment has been made. Equally if an error is discovered showing that underpayment was made the SEC will make good the deficit to the school.