PART 6LOANS FOR LIVING COSTS

Additional amount of loans

26.—(1) An eligible student may apply to borrow an additional amount of loan where—

(a)the Secretary of State determines that the maximum amount of loan which has been notified to the student in relation to an academic year should be increased (including an increase from nil) as a result of a reassessment of the student’s contribution or otherwise; and

(b)the Secretary of State considers that the increase in the maximum amount does not result from the eligible student—

(i)failing to provide information promptly which might affect his ability to qualify for a loan or the amount of loan for which he qualifies; or

(ii)providing information which is inaccurate in any material particular.

(2) The additional amount under paragraph (1) is an amount which when added to the amount already applied for does not exceed the increased maximum.

(3) Where an eligible student has applied for a loan of less than the maximum amount to which he is entitled in relation to the academic year, he may apply to borrow an additional amount which, when added to the amount already applied for, does not exceed the relevant maximum applicable in his case.