Maintenance grant — new system eligible students who are 2011 cohort studentsE+W
44.—(1) The maximum amount of maintenance grant available to a new system eligible student who is a 2011 cohort student in respect of an academic year is £5,780.
(2) A new system eligible student who is a 2011 cohort student and who qualifies for a maintenance grant in respect of an academic year receives an amount as follows in respect of that year—
(a)where the household income is £18,370 or less, the eligible student receives £5,780;
(b)where the household income exceeds £18,370 but does not exceed £26,500, the eligible student receives an amount equal to M − A, where M is £5,780 and A is £1 for every £3.653 by which the household income exceeds £18,370;
(c)where the household income exceeds £26,500 but does not exceed £34,000, the eligible student receives an amount equal to RM − A, where RM is £3,555 and A is £1 for every £4.18 by which the household income exceeds £26,500;
(d)where the household income exceeds £34,000 but does not exceed £50,020, the eligible student receives an amount equal to SM − A, where SM is £1,761 and A is £1 for every £9.36 by which the household income exceeds £34,000;
(e)where the household income is £50,020, the eligible student receives £50;
(f)where the household income exceeds £50,020, no maintenance grant is payable.
Commencement Information
I1Reg. 44 in force at 4.1.2013, see reg. 1(2)