The Universal Credit Regulations 2013

Calculation of student income - student loans [F1and postgraduate F2... loans]U.K.

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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.