Explanatory Note
(This note is not part of the Regulations)
These Regulations, which come into force on 1st August 1995, supersede the Education (Student Loans) (No 2) Regulations 1993 which are revoked (regulation 2).
Provisions in these Regulations which differ from the corresponding provisions of the 1993 Regulations (except as a result of minor drafting or consequential changes) are indicated by the use of heavy type. Omissions are indicated by the use of dots. The changes of substance made by these Regulations, other than in the maximum amounts of loans and rates of interest, are described below.
The provision which made persons studying as participants in the articled students scheme ineligible for a loan has been removed, as the scheme has been discontinued (the former regulation 4(2)(d)).
Provision has been made to take account of the new arrangements for school centred initial training of teachers in England and Wales. Students attending such courses are already eligible for loans (regulation 4(1)(a)(ii)); provision has been made to ensure that the amount applicable is the amount applicable to students not in their final year (regulation 6(6)); and that the administrative duties of governing bodies of institutions at which eligible students attend may be discharged by one member of a consortium of institutions providing such training (regulation 13(2) and (3)).
A new regulation 4(4) has been inserted to make it clear that a student is eligible for only one loan in respect of each academic year.
Regulation 6(2) has been amended to ensure that the maximum loan a student living away from home in London may obtain does not exceed the amount specified as the ordinary maintenance requirement for students of the class or description to which he belongs by regulations having effect for the year under section 1(1) of the Education Act 1962, as provided for in paragraph 1(2) of Schedule 2 to the Education (Student Loans) Act 1990.
Paragraph 5 of the Schedule has been added to make it clear that ordinary residence in parts of the European Economic Area which were not at the time of the residence part of the EEA or the European Community will be considered to be residence in the EEA. As a result of this addition the reference to the former German Democratic Republic in the definition of “European Community” in paragraph 6 of the Schedule has been removed.