Amount of the grant for travel – overseas studyN.I.
This section has no associated Explanatory Memorandum
54. The amount of grant payable under regulation 53 in respect of an academic year is calculated as follows—
X is the aggregate of the reasonable travel costs that the eligible student is obliged to incur in each qualifying quarter for the purposes set out in regulation 53.
Y is the aggregate of the expenditure incurred in each qualifying quarter specified in regulation 55.
Commencement Information
I1Reg. 54 in operation at 17.12.2009, see reg. 1(1)