- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
8.—(1) The contribution payable in relation to an old system student who is not an independent eligible student is—
(a)in any case where the household income is £24,275 or more, £45 with the addition of £1 for every complete £12.50 by which the household income exceeds £24,275; and
(b)in any case where the household income is less than £24,275, nil.
(2) The contribution payable in relation to an old system student who is an independent eligible student with a partner is—
(a)in any case where the household income is £24,275 or more, £45 with the addition of £1 for every complete £9.50 by which the household income exceeds £24,275; and
(b)in any case where the household income is less than £24,275, nil.
(3) The contribution payable in relation to an old system student who is an independent eligible student without a partner is—
(a)in any case where the household income is £11,305 or more, £45 with the addition of £1 for every complete £9.50 by which the household income exceeds £11,305; and
(b)in any case where the household income is less than £11,305, nil.
(4) The amount of the contribution payable under sub-paragraph (1) or (2) must in no case exceed £8,565.
(5) The contribution may be adjusted in accordance with paragraph 10.
(6) Where sub-paragraph (7) applies, the aggregate contributions must not exceed £8,565.
(7) This sub-paragraph applies where—
(a)a contribution is payable in relation to two or more eligible students (other than current system students) in respect of the same income under paragraph 5 or, where the relevant parent’s partner’s residual income is taken into account, under paragraphs 5 and 7; or
(b)the household income consists of the residual income of an independent eligible student and the student’s partner where both hold a statutory award.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: