Typical, isn't it? My daughter is at university. In applying for grants and loans last year, my relevant income was for the financial year 2007-08, so no grant for her.
This year, after the credit crunch and while enduring its consequences (ie: a reasonable profit becomes a small loss), my relevant income is still for for the financial year 2007-08, so still no grant for her.
What's the betting (assuming the economy recovers) that the relevant financial year next year will be the year ending in 2010, which should be vastly improved from the year just ended?
Talk about making up the rules as you go along!