- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
2.—(1) The Income Support (General) Regulations 1987(1) are amended as follows.
(2) In regulation 61(1) (students: interpretation), after the definition of “periods of experience” insert—
““postgraduate master’s degree loan” means a loan which a student is eligible to receive under the Education (Postgraduate Master’s Degree Loans) Regulations 2016(2);”.
(3) In regulation 62(2A) (calculation of grant income)—
(a)after “student loan” insert “or a postgraduate master’s degree loan”;
(b)for “such a loan” substitute “a student loan or a postgraduate master’s degree loan”.
(4) In regulation 66A (treatment of student loans)—
(a)at the end of the heading add “and postgraduate master’s degree loans”;
(b)in paragraph (1), after “A student loan” insert “and a postgraduate master’s degree loan”;
(c)in paragraph (3)—
(i)after “a student loan” in both places, insert “or a postgraduate master’s degree loan”;
(ii)in sub-paragraph (b), for “such a loan” substitute “a student loan or a postgraduate master’s degree loan”.
(d)after paragraph (4) insert—
“(4A) Where a student is treated as possessing a postgraduate master’s degree loan under paragraph (3) in respect of an academic year, the amount of that loan to be taken into account as income shall be, subject to paragraph (5), a sum equal to 30 per cent. of the maximum postgraduate master’s degree loan the student is able to acquire in respect of that academic year by taking reasonable steps to do so.”;
(e)in paragraph (5), after “paragraph (4)” insert “or (4A)”.
(5) After regulation 66C(3) insert—
66D. A special support loan within the meaning of regulation 68 of the Education (Student Support) Regulations 2011(4) is to be disregarded as income.”.
(6) In regulation 67A(5) (further disregard of student’s income), for “or student loan” substitute “, student loan or postgraduate master’s degree loan”.
S.I.1987/1967. Relevant amending instruments are S.I.1990/1549, 1998/563, 1999/1935, 2000/1922, 2001/2319, 2002/1589, 2006/1752, 2008/2767 and 2009/1575.
Regulation 66C is inserted by S.I.2006/1752.
S.I.2011/1986. Relevant amending instrument is S.I.2015/1951.
Regulation 67A is inserted by S.I.1998/563.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: