F1PART 5GRANTS FOR LIVING AND OTHER COSTS

CHAPTER 6MAINTENANCE GRANTS FOR NEW SYSTEM STUDENTS

Amount of the maintenance grant50.

(1)

The maximum amount of maintenance grant available in respect of an academic year is—

(a)

in the case of a type 1 teacher training student, £1,600;

(b)

in the case of a type 2 teacher training student, £3,200; and

(c)

in the case of a new system student other than a type 1 or type 2 teacher training student, £3,200.

(2)

A type 1 teacher training student who qualifies for a maintenance grant in respect of an academic year receives an amount as follows in respect of that year—

(a)

where the household income is £17,500 or less, he receives £1,600;

(b)

where the household income exceeds £17,500 but does not exceed £26,500, he receives an amount equal to

M-(A)(2)

where

  • M is £1,600

  • A is £1 for every complete £4.50 by which the household income exceeds £17,500; and

(c)

where the household income exceeds £26,500 or he opts when applying for the grant not to provide the information needed to calculate the household income, he receives £600.

(3)

A type 2 teacher training student who qualifies for a maintenance grant in respect of an academic year receives an amount as follows in respect of that year —

(a)

where the household income is £17,500 or less, he receives £3,200;

(b)

where the household income exceeds £17,500 but does not exceed £26,500, he receives an amount equal to M − A where—

  • M is £3,200

  • A is £1 for every complete £4.50 by which the household income exceeds £17,500; and

(c)

where the household income exceeds £26,500 or he opts when applying for the grant not to provide the information needed to calculate the household income, he receives £1,200.

(4)

A new system student other than a type 1 or type 2 teacher training student who qualifies for a maintenance grant in respect of an academic year receives an amount as follows in respect of that year—

(a)

where the household income is £17,500 or less, he receives £3,200;

(b)

where the household income exceeds £17,500 but does not exceed £26,500, he receives an amount equal to M − Awhere—

  • M is £3,200

  • A is £1 for every complete £4.50 by which the household income exceeds £17,500;

(c)

where the household income exceeds £26,500 but does not exceed £37,425, he receives an amount equal to RM − Awhere—

  • RM is £1,200

  • A is £1 for every complete £9.50 by which the household income exceeds £26,500;

(d)

where the household income exceeds £37,425, no maintenance grant is payable.