Most of our customers are PhD students on one of three types of scholarships / Fellowships:
Commonwealth scholarship: Government scholarships are generally paid as tax free income on an ongoing basis. One of our lenders can accept this income for a home loan.
University scholarship: University scholarships can be either paid as taxable income or tax free income on an ongoing basis. One of our lenders can accept this income for a home loan.
Fellowship: This income can be accepted on a case by case basis, depending on the nature of the payments and the likelihood that it is to continue.