Calculation of contribution — new system eligible studentsE+W
9.—(1) Where the eligible student is a new system eligible student who is not a new cohort student, the contribution payable is—
(a)in any case where the household income exceeds £39,793, £1 for every £9.27 by which the household income exceeds £39,793; and
(b)in any case where the household income is £39,793 or less, nil.
(2) Where the eligible student is a new system eligible student who is a 2010 cohort student or a 2012 cohort student, the contribution payable is—
(a)in any case where the household income exceeds £50,778, £1 for every £5 by which the household income exceeds £50,778; and
(b)in any case where the household income is £50,778 or less, nil.
(3) Where the eligible student is a new system eligible student who is a 2011 cohort student, the contribution payable is—
(a)in any case where the household income exceeds £50,503, £1 for every £5 by which the household income exceeds £50,503; and
(b)in any case where the household income is £50,503 or less, nil.
(4) The contribution must not in any case exceed £6,208.
(5) The contribution may be adjusted in accordance with paragraph 10.
(6) Where sub-paragraph (7) applies, the aggregate contributions must not exceed £6,208.
(7) This sub-paragraph applies where—
(a)a contribution is payable in relation to two or more eligible students (other than old system eligible students) in respect of the same income under paragraph 5 or, where the relevant parent’s partner’s residual income is taken into account, under paragraphs 5 and 7; or
(b)the household income consists of the residual income of an independent eligible student and the independent eligible student’s partner where both hold a statutory award.
Commencement Information
I1Sch. 5 para. 9 in force at 4.1.2013, see reg. 1(2)