[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 [an intensive course] ) is equal to X − Ywhere—
(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 intensive course] is equal to X − Ywhere—
(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)
(b)
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)
(b)
where A is the household income.]
Textual Amendments
Commencement Information