61.—(1) The maximum amount of special support grant available in respect of an academic year is—
(a)in the case of a type 1 or type 3 teacher training student, £1,703;
(b)in the case of a type 2 teacher training student, £3,406;
(c)in the case of a current system student other than a type 1, type 2 or type 3 teacher training student, £3,406.
(2) A type 1 teacher training student who qualifies for a special support grant in respect of an academic year receives an amount as follows in respect of that year—
(a)where the household income is £18,820 or less, the student receives £1,703;
(b)where the household income exceeds £18,820 but does not exceed £28,439, the student receives an amount equal to where—
M is £1,703
A is £1 for every complete £4.55 by which the household income exceeds £18,820; and
(c)where the household income exceeds £28,439 or the student opts when applying for the grant not to provide the information needed to calculate the household income, the student receives £646.
(3) A type 2 teacher training student who qualifies for a special support grant in respect of an academic year receives an amount as follows in respect of that year—
(a)where the household income is £18,820 or less, the student receives £3,406;
(b)where the household income exceeds £18,820 but does not exceed £28,439, the student receives an amount equal to where—
M is £3,406
A is £1 for every complete £4.55 by which the household income exceeds £18,820; and
(c)where the household income exceeds £28,439 or the student opts when applying for the grant not to provide the information needed to calculate the household income, the student receives £1,292.
(4) A type 3 teacher training student who qualifies for a special support grant in respect of an academic year receives, subject to sub-paragraph (c), an amount as follows in respect of that year—
(a)where the household income is £18,820 or less, the student receives £1,703;
(b)where the household income exceeds £18,820 but does not exceed £40,238, the student receives an amount equal to where—
M is £1,703
A is £1 for every complete £4.55 by which the household income exceeds £18,820 but does not exceed £28,439
B is £1 for every complete £9.50 by which the household income exceeds £28,439 but does not exceed £40,238; and
(c)where the household income exceeds £40,238, no special support grant is payable.
(5) A current system student other than a type 1, type 2 or type 3 teacher training student who qualifies for a special support grant in respect of an academic year receives an amount as follows in respect of that year—
(a)where the household income is £18,820 or less, the student receives £3,406;
(b)where the household income exceeds £18,820 but does not exceed £28,439, the student receives an amount equal to where—
M is £3,406
A is £1 for every complete £4.55 by which the household income exceeds £18,820;
(c)where the household income exceeds £28,439 but does not exceed £40,238, the student receives an amount equal to where—
RM is £1,292
A is £1 for every complete £9.50 by which the household income exceeds £28,439; and
(d)where the household income exceeds £40,238, no special support grant is payable.