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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 £24,770 or more, £45 with the addition of £1 for every complete £12.50 by which the household income exceeds £24,770; and
(b)in any case where the household income is less than £24,770, 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 £24,770 or more, £45 with the addition of £1 for every complete £9.50 by which the household income exceeds £24,770; and
(b)in any case where the household income is less than £24,770, 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 £11,535 or more, £45 with the addition of £1 for every complete £9.50 by which the household income exceeds £11,535; and
(b)in any case where the household income is less than £11,535, nil.
(4) The amount of the contribution payable under sub-paragraph (1), (2) or (3) must in no case exceed £8,730.
(5) The contribution may be adjusted in accordance with paragraph 10.
(6) Where sub-paragraph (7) applies, the aggregate contributions must not exceed £8,730.
(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.
Commencement Information
I1Sch. 5 para. 8 in operation at 17.12.2009, see reg. 1(1)
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