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PART 7LOANS FOR LIVING COSTS

Maximum amount of loans for new system eligible students with full entitlement

34.—(1) This regulation applies to a type 1 and type 2 teacher training student with a household income exceeding £37,900.

(2) Subject to regulations 36 to 41, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year (other than the final year of a course that is not an accelerated course) is—

(a)for a student in category 1, £3,415;

(b)for a student in category 2, £6,170;

(c)for a student in category 3, £5,255;

(d)for a student in category 4, £5,255;

(e)for a student in category 5, £4,405.

(3) Subject to regulations 36 to 41, the maximum loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year of a course (other than the final year of a course that is not an accelerated course) is—

(a)for a student in category 1, £3,085;

(b)for a student in category 2, £5,620;

(c)for a student in category 3, £4,570;

(d)for a student in category 4, £4,570;

(e)for a student in category 5, £4,080.