PART 6LOANS FOR LIVING COSTS

CHAPTER 2MAXIMUM AMOUNTS OF LOANS

Students with reduced entitlement70.

(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 an 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 39(3)(a)—

(i)

for a student in category A, £1,744;

(ii)

for a student in category B, £3,263;

(iii)

for a student in category C or D, £2,324.

(b)

where the student does not qualify for a grant for living and other costs in relation to the academic year because of regulation 39(3)(b) or (5)—

(i)

for a student in category A, £1,744;

(ii)

for a student in category B, £3,263;

(iii)

for a student in category C, £2,780;

(iv)

for a student in category D, £2,324.

(c)

where the 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 X−Ymathwhere—

  • X is—

    1. (i)

      for a student in category A, £2,755;

    2. (ii)

      for a student in category B, £4,982;

    3. (iii)

      for a student in category C, £4,240;

    4. (iv)

      for a student in category D, £3,559;

  • Y is the amount specified in paragraph (3).

(d)

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, £2,103;

(ii)

for a student in category B, £5,073;

(iii)

for a student in category C, £4,083;

(iv)

for a student in category D, £3,175.

(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 an 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 39(3)(a)—

(i)

for a student in category A, £1,324;

(ii)

for a student in category B, £2,498;

(iii)

for a student in category C or D, £1,811;

(b)

where the student does not qualify for a grant for living and other costs in relation to the academic year because of regulation 39(3)(b) or (5)—

(i)

for a student in category A, £1,324;

(ii)

for a student in category B, £2,498;

(iii)

for a student in category C, £2,031;

(iv)

for a student in category D, £1,811;

(c)

where the 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 X−Ymathwhere—

  • X is—

    1. (i)

      for a student in category A, £2,489;

    2. (ii)

      for a student in category B, £4,536;

    3. (iii)

      for a student in category C, £3,686;

    4. (iv)

      for a student in category D, £3,293;

  • Y is the amount specified in paragraph (3).

(d)

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, £1,749;

(ii)

for a student in category B, £4,478;

(iii)

for a student in category C, £3,345;

(iv)

for a student in category D, £2,821.

(3)

The specified amount is—

(a)

£646 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 £646;

(b)

£1,292 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 £1,292;

(c)

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