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The Further Education Loans Regulations 2012

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[F1Amount of the fee loanE+W

This section has no associated Explanatory Memorandum

16.—(1) The amount of a fee loan in respect of a further education course beginning before 1st August 2015 must not exceed the lesser of—

(a)the maximum level of public funding in connection with that further education course, or

(b)the amount which the institution is charging the eligible student for the further education course.

(2) The amount of a fee loan in respect of a further education course beginning [F2in the period beginning on 1st August 2015 and ending on 31st July 2016] must not exceed the lesser of—

(a)the maximum loan amount available in connection with that further education course as contained in the document published by the Skills Funding Agency on 5th February 2015 entitled “Funding rates for 24+ Advanced Learning Loans designated qualifications 2015 to 2016, Version 1” , or

(b)the amount which the institution is charging the eligible student for the further education course.]

[F3(3) The amount of a fee loan in respect of a further education course beginning in the period beginning on 1st August 2016 and ending on 31st July 2017 must not exceed the lesser of—

(a)the maximum loan amount available in connection with that further education course as contained in the document published by the Skills Funding Agency on 17th February 2016 entitled “Maximum Loan Amounts for Advanced Learner Loans designated qualifications 2016 to 2017, Version 1”, or

(b)the amount which the institution is charging the eligible student for the further education course.]

[F4(4) The amount of a fee loan in respect of a further education course beginning in the period beginning on 1st August 2017 and ending on 31st July 2018 must not exceed the lesser of—

(a)the maximum loan amount available in connection with that further education course determined in accordance with Schedule 3, or

(b)the amount which the institution is charging the eligible student for the further education course.]

[F5(5) The amount of a fee loan in respect of a further education course beginning on or after 1st August 2018 must not exceed the lesser of—

(a)the maximum loan amount available in connection with that further education course determined in accordance with Schedule 3, or

(b)the amount which the institution is charging the eligible student for the further education course.]

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