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[F1PART 6N.I.LOANS FOR LIVING COSTS

CHAPTER 2N.I.MAXIMUM AMOUNTS OF LOANS

GeneralN.I.

56.(1) The maximum amount of a loan for living costs in respect of an academic year is calculated as follows—

(a)where the eligible student is a new system student with full entitlement, in accordance with regulation 57 or 58;

(b)where the eligible student is an old system student with full entitlement, in accordance with regulation 59;

(c)where the eligible student is a student with reduced entitlement, in accordance with regulation 60.

Commencement Information

I1Reg. 56 in operation at 1.9.2006, see reg. 1

New system students with full entitlementN.I.

57.(1) This regulation applies to a new system student with full entitlement (other than a type 1 or type 2 teacher training student whose contribution exceeds nil).

(2) Subject to Chapter 4 of this Part, 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 [F2an intensive course] ) is equal to XYwhere—

(3) Subject to Chapter 4 of this Part, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not [F2an intensive course] is equal to XYwhere—

(4) In this regulation, “the maintenance grant amount” is—

(a)where the student qualifies under Chapter 6 of Part 5 for an amount of maintenance grant not exceeding £1,200, the amount of maintenance grant payable;

(b)where the student qualifies under Chapter 6 of Part 5 for an amount of maintenance grant exceeding £1,200, but less than £3,200, £1,200 with the addition of the amount calculated at paragraph (5);

(c)where the student qualifies under regulation 50(2)(b) for an amount of maintenance grant exceeding £1,200 but not exceeding £1,600, £1,200 with the addition of the amount calculated at paragraph (6);

(d)where the student qualifies under Chapter 6 of Part 5 for an amount of maintenance grant of £3,200, £1,700; and

(e)where no maintenance grant is payable, nil.

(5) For the purposes of paragraph (4)(b) the maintenance grant amount is the amount by which the grant calculated at sub-paragraph (b) exceeds the amount calculated at sub-paragraph (a)—

(a)

 £ 1,500 - A -  £ 17,500 £ 6

(b)

 £ 2,000 - A -  £ 17,500 £ 4.50

where A is the household income.

(6) For the purposes of paragraph (4)(c) the maintenance grant amount is the amount by which the grant calculated at sub-paragraph (b) exceeds the amount calculated at sub-paragraph (a)—

(a)

 £ 750 - A -  £ 17,500 £ 12

(b)

 £ 1,000 - A -  £ 17,500 £ 9

where A is the household income.

Textual Amendments

Commencement Information

I2Reg. 57 in operation at 1.9.2006, see reg. 1

Type 1 and type 2 teacher training studentsN.I.

58.(1) This regulation applies to a new system student with full entitlement who is a type 1 or type 2 teacher training student whose contribution exceeds nil.

(2) Subject to Chapter 4 of this Part, 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 A, £3,415;

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

(c)for a student in category C or D, £5,255;

(d)for a student in category E, £4,405.

(3) Subject to Chapter 4 of this Part, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an accelerated course is—

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

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

(c)for a student in category C or D, £4,570;

(d)for a student in category E, £4,080.

Commencement Information

I3Reg. 58 in operation at 1.9.2006, see reg. 1

Old system students with full entitlementN.I.

59.(1) Subject to Chapter 4 of this Part, the maximum amount of loan for living costs for which an old system student with full entitlement qualifies in respect of an academic year (other than the final year of a course that is not [F3an intensive course] ) is equal to X – Y where—

X is—

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

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

(c)for a student in category C or D, £5,255;

(d)for a student in category E, £4,405;

Y is the reduction.

(2) Subject to Chapter 4 of this Part, the maximum amount of loan for living costs for which an old system student with full entitlement qualifies in respect of an academic year that is the final year of a course that is not [F3an intensive course]is equal to X – Y where—

X is—

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

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

(c)for a student in category C or D, £4,570;

(d)for a student in category E, £4,080;

Y is the reduction.

(3) In this regulation, “the reduction” is—

(a)for students eligible for the maximum bursary of £2,000, £1,500; and

(b)in all other cases the amount of bursary for which the student is eligible, subject to paragraph (4).

(4) Where the maximum amount of loans set out in paragraphs (1) and (2) are reduced under paragraph (3), such reductions shall not have effect so as to reduce the amount of loan below the amount applicable to the student under regulation 60(1)(e) or (2)(e).

Textual Amendments

Commencement Information

I4Reg. 59 in operation at 1.9.2006, see reg. 1

Old and new system students with reduced entitlementN.I.

60.(1) Subject to Chapter 4 of this Part, the maximum amount of loan for living costs for which a student with reduced entitlement qualifies in respect of an academic year of a course (other than the final year of a course that is not [F4an intensive course] ) is—

(a)where the student does not qualify for a grant for living and other costs in relation to the academic year because of regulation 37(3)(a) or (b)—

(i)for a student in category A, £1,620;

(ii)for a student in category B, £3,030;

(iii)for a student in category C, D or E, £2,160.

(b)where the student does not qualify for a grant for living and other costs in relation to the academic year because of regulation 37(3)(c) or (5)—

(i)for a student in category A, £1,620;

(ii)for a student in category B, £3,030;

(iii)for a student in category C or D, £2,585;

(iv)for a student in category E, £2,160;

(c)where a new system student applies for a loan for living costs and opts not to provide the information needed to calculate the household income an amount equal to XYwhere—

(d)the specified amount is—

(i)£600 where the student is a type 1 teacher training student who opts not to provide the information needed to calculate the household income when applying for a maintenance grant and who qualifies for a maintenance grant of £600;

(ii)£1,200 where the student is a type 2 teacher training student who opts not to provide the information needed to calculate the household income when applying for a maintenance grant and who qualifies for a maintenance grant of £1,200;

(iii)nil where the student is not a type 1 or type 2 teacher training student.

(e)Where an old system student applies for a loan for living costs and opts not to provide information needed to calculate the household income—

(i)for a student in category A, £1,960;

(ii)for a student in category B, £4,715;

(iii)for a student in category C or D, £3,800;

(iv)for a student in category E, £2,950.

(2) Subject to Chapter 4 of this Part, the maximum amount of loan for living costs for which a student with reduced entitlement qualifies in respect of an academic year that is the final year of a course that is not [F4an intensive course] is—

(a)where the student does not qualify for a grant for living and other costs in relation to the academic year because of regulation 37(3)(a) or (b)—

(i)for a student in category A, £1,230;

(ii)for a student in category B, £2,320;

(iii)for a student in category C, D or E, £1,680;

(b)where the student does not qualify for a grant for living and other costs in relation to the academic year because of regulation 37(3)(c) or (5)—

(i)for a student in category A, £1,320;

(ii)for a student in category B, £2,320;

(iii)for a student in category C or D, £1,885;

(iv)for a student in category E, £1,680;

(c)where a new system student applies for a loan for living costs and opts not to provide the information needed to calculate the household income an amount equal to XYwhere—

(d)the specified amount is—

(i)£600 where the student is a type 1 teacher training student who opts not to provide the information needed to calculate the household income when applying for a maintenance grant and who qualifies for a maintenance grant of £600;

(ii)£1,200 where the student is a type 2 teacher training student who opts not to provide the information needed to calculate the household income when applying for a maintenance grant and who qualifies for a maintenance grant of £1,200;

(iii)nil where the student is not a type 1 or type 2 teacher training student;

(e)Where an old system student applies for a loan for living costs and opts not to provide information needed to calculate the household income—

(i)for a student in category A, £1,630;

(ii)for a student in category B, £4,165;

(iii)for a student in category C or D, £3,115;

(iv)for a student in category E, £2,625.]

Textual Amendments

Commencement Information

I5Reg. 60 in operation at 1.9.2006, see reg. 1