Qualifying conditions for the loan for living costs – old system students
63.—(1) Subject to paragraph (4), an old system student who falls within paragraph (a) or (d)(i) of the definition of “old system student” in regulation 2 qualifies for a loan for living costs in connection with his attendance on a designated course if he is under the age of 60 on the relevant date.
(2) Subject to paragraph (4), an old system student who falls within paragraph (b), (c) or (d)(ii) of the definition of “old system student” in regulation 2 qualifies for a loan for living costs in connection with his attendance on a designated course if he meets the following conditions—
(a)he is under the age of 60 on the relevant date; and
(b)he does not have an honours degree from an institution in the United Kingdom.
(3) The condition in paragraph (2)(b) does not apply where—
(a)the designated course is listed in regulation 6(6);
(b)the designated course leads to qualification as a social worker;
(c)the old system student is eligible to receive any payment under a healthcare bursary the amount of which is calculated by reference to his income or a Scottish healthcare allowance the amount of which is calculated by reference to his income in respect of any academic year of the course; or
(d)the old system student is on a course for the initial training of teachers.
(4) An old system student does not qualify for a loan for living costs if the only paragraph in Part 2 of Schedule 2 into which he falls is paragraph 9.
(5) To receive a loan for living costs, an old system student must enter into a contract with the Secretary of State.