69.—(1) Where, in accordance with regulation 68(2), a person's student income is to be based on the amount of a student loan for a year, the amount to be taken into account is the maximum student loan (including any increases for additional weeks) that the person would be able to acquire in respect of that year by taking reasonable steps to do so.
[F3(1A) Where, in accordance with regulation 68(2), a person’s student income is to be based on the amount of a postgraduate F4... loan for a year, the amount to be taken into account is 30 per cent. of the maximum postgraduate F4... loan that the person would be able to acquire by taking reasonable steps to do so.]
(2) For the purposes of calculating the maximum student loan in paragraph (1) [F5or the maximum postgraduate F6... loan in paragraph (1A)] it is to be assumed no reduction has been made on account of—
(a)the person's means or the means of their partner, parent or any other person; or
(b)any grant made to the person.
Textual Amendments
F1Words in reg. 69 heading inserted (4.8.2016) by The Social Security (Treatment of Postgraduate Masters Degree Loans and Special Support Loans) (Amendment) Regulations 2016 (S.I. 2016/743), regs. 1, 6(3)(a)
F2Words in reg. 69 heading omitted (15.7.2020) by virtue of The Social Security (Income and Capital) (Miscellaneous Amendments) Regulations 2020 (S.I. 2020/618), regs. 1, 8(3)(a)
F3Reg. 69(1A) inserted (4.8.2016) by The Social Security (Treatment of Postgraduate Masters Degree Loans and Special Support Loans) (Amendment) Regulations 2016 (S.I. 2016/743), regs. 1, 6(3)(b)
F4Words in reg. 69(1A) omitted (15.7.2020) by virtue of The Social Security (Income and Capital) (Miscellaneous Amendments) Regulations 2020 (S.I. 2020/618), regs. 1, 8(3)(b)
F5Words in reg. 69(2) inserted (4.8.2016) by The Social Security (Treatment of Postgraduate Masters Degree Loans and Special Support Loans) (Amendment) Regulations 2016 (S.I. 2016/743), regs. 1, 6(3)(c)
F6Words in reg. 69(2) omitted (15.7.2020) by virtue of The Social Security (Income and Capital) (Miscellaneous Amendments) Regulations 2020 (S.I. 2020/618), regs. 1, 8(3)(c)