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13.—(1) The maintenance grant in respect of any year shall be the amount by which the student’s resources fall short of his requirements and for the purpose of ascertaining that amount—
(a)the requirements of the student shall be taken to be the aggregate of—
(i)such of the amounts set out in Schedule 7 as are applicable in his case; and
(ii)subject to paragraph (2), the amount payable in accordance with regulation 12(2);
(b)the resources of the student shall be taken to be the aggregate of his income for-the year calculated in accordance with Part I of Schedule 8 and any contribution applicable in his case by virtue of Part 11 or III of that Schedule.
(2) In the case of a student who resides in an institution in England and Wales or in a hostel or other accommodation administered by the academic authority of that institution, the amount to be taken into account for the purposes of paragraph (1)(a)(ii) shall be so much of the charge, if any, payable under regulation 12(2) as does not exceed the amount chargeable for board and lodging by that institution to or in respect of a person who is ordinarily resident in England and Wales and resident in the institution for the purpose of attending a full-time course of further or higher education.
(3) This regulation and Schedules 7 and 8 shall have effect—
(a)in the case of such a student as is mentioned in Schedule 9, subject to the provisions thereof;
(b)where regulation 15 applies, subject as therein provided.
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