Loulabelle Posted December 10, 2012 Share Posted December 10, 2012 Hi everyone I need some advice re financial planning for the future please My DD plans to audition for Vocational school for Yr10 and if not successful then, for sixth form. I have read up on MDS awards and found the information available fairly straight forward. However I do have a few questions that I thought some of you experts with DC's already on MDS/DADA's would be able to help me with. She will not be able to go without financial assistance, but am thinking ahead and trying to put aside some money now to help in the future. When calculating the amount of MDS or DADA (I appreciate DADA'a are a up in the air at the moment) are the amount of savings you have taken in to account? Is it worth trying to save now in order to help with fees? or is it counter productive as in the more you save the less grant you will get? Do they include any savings/investments in your childrens names in the calculations? If you own property other than your main residence, is the capital value of this included? Sorry if these questions have been answered before, I had a trawl through but couldn't find anything specific. Thanks in advance Link to comment Share on other sites More sharing options...
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