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[F1PART 6N.I.LOANS FOR LIVING COSTS

CHAPTER 2N.I.MAXIMUM AMOUNTS OF LOANS

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 [F2an 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 [F2an 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

I1Reg. 60 in operation at 1.9.2006, see reg. 1