what does 'means tested benefits' mean?

Question

Trying to fill out a college form but dont understand this bit!!

Answer 1

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That means benefits paid according to your financial circumstances. E.g. if you have more than 15k in the bank you don't get any income support.

Answer 2

Means Tested Benefits

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Answer 3

Means tested benefits means that some authority (employment agencies, tax credits etc) has checked on your financial situation and decided to give you financial benefits if you need them. There are a lot of means tested benefits, from tax, housing, unemployment, pension etc etc. As you seem to be applying for a college education, I would ask the college admissions office what means tested benefits they want to know about, so you can fill in your form. It may depend on your parents' income and whether they are on some means tested benefits.

Answer 4

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RE:

what does 'means tested benefits' mean?

Trying to fill out a college form but dont understand this bit!!

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Answer 5

'Means tested benefits' are benefits which are allocated according to your means.

That is if you are filthy rich you get nothing, but if your income is minimal/non-existent, you get some cash benefits from the state, council tax/housing allowance or income based JSA, income support etc.

Answer 6

You only get the benefit providing your or your parents income is below a certain level If it is more then you cannot have the benefit .

Answer 7

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It is a benefit that is paid regardless of income or assets (means to support oneself)

Answer 8

Benefits calculated according to your needs and other income/assets.

Answer 9

It means they ask you and all living in your household how much they earn and based on that they decide how much benefits you are entitled to.