Parental home

A parental home means the home of the parent where the student is living with a parent, or a home provided or maintained by the parent of the student, whether or not the parent lives with the student. It doesn't include a property where the student is paying the market rent or is responsible for the payment of all the outgoings for that home.

By market rent we mean what you might reasonably expect to pay for rent in comparison with rent levels for similar properties in similar areas.

Outgoings can include payments for the following: mortgage, rates, house insurance and essential repairs and maintenance. Expenses such as phone, power or internet payments are not considered to be outgoings.