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40.—(1) An amount of tuition fee loan in respect of an academic year may not exceed the lower of—
(a)the tuition fees payable by the eligible student in respect of that year, or
(b)the maximum loan amount.
(2) The maximum loan amount is calculated in accordance with Table 2 where—
(a)Column 1 specifies the academic year in relation to which the maximum loan amounts in Column 5 are payable;
(b)Column 2 specifies the category of student to whom the maximum loan amounts in Column 5 apply (see paragraph (3));
(c)Column 3 specifies the type of course provider, where—
(i)“ordinary provider” means a provider falling within Condition 4 of Regulation 6(1);
(ii)“private institution” means an institution, which is not a recognised educational institution, providing a course specified as a designated course by the Welsh Ministers under regulation 8;
(d)Column 4 specifies the location of the institution providing the course;
(e)Column 5 specifies the maximum loan amount applicable in respect of the corresponding entries in Columns 1, 2, 3 and 4.
(3) The categories of students set out in Column 2 are—
An eligible student undertaking a designated course who does not fall within Category 2, 3, 4 [F1, 5 or 6].
An eligible student undertaking the final academic year of a full-time course which ordinarily requires attendance of less than 15 weeks in order to be completed.
An eligible student undertaking an academic year of a sandwich course provided by an institution in the United Kingdom where—
(a)the periods of full-time study undertaken at the institution during that academic year are in aggregate less than 10 weeks, or
(b)the periods spent undertaking the course during that academic year and any previous academic years (which are not periods of full-time study at the institution), disregarding intervening vacations, are in aggregate more than 30 weeks.
An eligible student undertaking an academic year of a course provided by an institution in the United Kingdom in conjunction with an institution which is outside the United Kingdom where—
(a)the periods of full-time study undertaken at the institution in the United Kingdom during that academic year are in aggregate less than 10 weeks, or
(b)the periods spent undertaking the course during that academic year and any previous academic years (which are not periods of full-time study at the institution in the United Kingdom), disregarding intervening vacations, are in aggregate more than 30 weeks.
F2...
An eligible student undertaking an accelerated graduate entry course.
An eligible student undertaking an Erasmus year of a full-time course provided by an institution in England, Scotland or Wales.]
Column 1 Academic year | Column 2 Category of student | Column 3 Course provider type | Column 4 Location of course provider | Column 5 Maximum loan amount |
---|---|---|---|---|
Beginning on or after 1 September 2018 [F4but before 1 September 2024] | 1 | Ordinary provider | Wales | £9,000 for a full-time course £2,625 for a part-time course |
Elsewhere in UK | £9250 for a full-time course £6,935 for a part-time course | |||
Private institution | Wales | £6,165 for a full-time course £2,625 for a part-time course | ||
Elsewhere in UK | £6,165 for a full-time course £4,625 for a part-time course | |||
2 | Ordinary provider | Wales | £4,500 | |
Elsewhere in UK | £4,625 | |||
Private institution | Wales and Elsewhere in UK | £3,080 | ||
3 | Ordinary provider | Wales | £1,800 | |
England | £1,850 | |||
Scotland and Northern Ireland | £4,625 | |||
Private institution | Wales and England | £1,230 | ||
Scotland and Northern Ireland | £3,080 | |||
4 | Ordinary provider | Wales | £1,350 | |
England F5... | £1,385 | |||
[F6Scotland and] Northern Ireland | £4,625 | |||
Private institution | [F7Wales and England] | £920 | ||
[F8Scotland and Northern Ireland] | £3,080 | |||
5 | Ordinary provider | Wales and Elsewhere in UK | [F9£5,785] | |
[F10Beginning on or after 1 September 2018 [F4but before 1 September 2024] | 6 | Ordinary provider | Wales | £1,350 |
England and Scotland | £1,385] | |||
[F11Beginning on or after 1 September 2024 | 1 | Ordinary provider | Wales | £9,250 for a full-time course £2,625 for a part-time course |
Elsewhere in UK | £9,250 for a full-time course £6,935 for a part-time course | |||
Private institution | Wales | £6,165 for a full-time course £2,625 for a part-time course | ||
Elsewhere in UK | £6,165 for a full-time course £4,625 for a part-time course | |||
2 | Ordinary provider | Wales | £4,625 | |
Elsewhere in UK | £4,625 | |||
Private institution | Wales and elsewhere in UK | £3,080 | ||
3 | Ordinary provider | Wales | £1,850 | |
England | £1,850 | |||
Scotland and Northern Ireland | £4,625 | |||
Private institution | Wales and England | £1,230 | ||
Scotland and Northern Ireland | £3,080 | |||
4 | Ordinary provider | Wales | £1,385 | |
England | £1,385 | |||
Scotland and Northern Ireland | £4,625 | |||
Private institution | Wales and England | £920 | ||
Scotland and Northern Ireland | £3,080 | |||
5 | Ordinary provider | Wales and elsewhere in UK | £5,785 | |
6 | Ordinary provider | Wales | £1,385 | |
England and Scotland | £1,385] |
Textual Amendments
F1Words in reg. 40(3) substituted (30.7.2018) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(a)(i)
F2Words in reg. 40(3) omitted (30.7.2018) by virtue of The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(a)(ii)
F3Words in reg. 40(3) inserted (30.7.2018) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(a)(iii)
F4Words in reg. 40 Table 2 inserted (8.3.2024) by The Education (Student Finance) (Fee Limit and Loan Amounts) (Miscellaneous Amendments) (Wales) Regulations 2024 (S.I. 2024/144), regs. 1(2), 8(a)
F5Words in reg. 40 Table 2 omitted (30.7.2018) by virtue of The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(b)(i)
F6Words in reg. 40 Table 2 inserted (30.7.2018) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(b)(ii)
F7Words in reg. 40 Table 2 substituted (with application in accordance with reg. 1(2) of the amending S.I.) by The Education (Student Finance) (Amounts) (Miscellaneous Amendments) (Wales) Regulations 2020 (S.I. 2020/153), regs. 1(2), 19(a)
F8Words in reg. 40 Table 2 substituted (with application in accordance with reg. 1(2) of the amending S.I.) by The Education (Student Finance) (Amounts) (Miscellaneous Amendments) (Wales) Regulations 2020 (S.I. 2020/153), regs. 1(2), 19(b)
F9Sum in reg. 40 Table 2 substituted (8.3.2019) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2019 (S.I. 2019/235), regs. 1(2), 45
F10Words in reg. 40 Table 2 inserted (30.7.2018) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(b)(iii)
F11Words in reg. 40 Table 2 inserted (8.3.2024) by The Education (Student Finance) (Fee Limit and Loan Amounts) (Miscellaneous Amendments) (Wales) Regulations 2024 (S.I. 2024/144), regs. 1(2), 8(b)
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