59. Where an eligible student falls into more than one of the categories in regulation 63 in the course of the academic year—
(a)the maximum amount of loan for living costs for the academic year is the aggregate of the maximum amount of loan for living costs for each quarter in respect of which the loan is payable;
(b)the maximum amount of loan for living costs for each such quarter is one third of the maximum amount of loan for living costs which would apply for the academic year if the eligible student fell into the category which applies to the relevant quarter for the duration of the academic year; and
(c)the category which applies to a quarter is—
(i)the category into which the eligible student falls for the longer or longest period in that quarter; or
(ii)if the eligible student falls into more than one category for an equal period in that quarter, the category with the higher or highest rate of loan for living costs for the academic year.
Commencement Information
I1Reg. 59 in force at 4.1.2013, see reg. 1(2)
