PART 8FINANCIAL ASSESSMENT

Minimum level of loan for living costs105

1

Subject to paragraphs (2) and (7), for a student other than a 2009 F1, 2012 or 2016 cohort student, the “minimum level for the academic year” in regulations 72(5) F2... and 104(d) is—

a

F10£2,943, in the case of a student in category A;

b

F11£5,325, in the case of a student in category B;

c

F12£4,530, in the case of a student in category C;

d

F13£3,803, in the case of a student in category D.

2

Subject to paragraph (7), for a student other than a 2009 F3, 2012 or 2016 cohort student, where the academic year in question is the final year of a course other than an intensive course, the “minimum level for the academic year” in regulations 72(5) F4...and 104(d) is—

a

F14£2,659, in the case of a student in category A;

b

F15£4,848, in the case of a student in category B;

c

F16£3,939, in the case of a student in category C;

d

F17£3,519, in the case of a student in category D.

3

Subject to paragraphs (4) and (7), for a 2009 cohort student the “minimum level for the academic year” F5in regulation 74(5) is—

a

F18£2,953, in the case of a student in category A;

b

F19£5,330, in the case of a student in category B;

c

F20£4,535, in the case of a student in category C;

d

F21£3,810, in the case of a student in category D.

4

Subject to paragraph (7), for a 2009 cohort student where the academic year in question is the final year of a course other than an intensive course, the “minimum level for the academic year” F6in regulation 74(5) is—

a

F22£2,679, in the case of a student in category A;

b

F23£4,853, in the case of a student in category B;

c

F24£3,943, in the case of a student in category C;

d

F25£3,525, in the case of a student in category D.

5

Subject to paragraphs (6) and (7), for a 2012 cohort student, the “minimum level for the academic year” in regulations 76 and 104(d) is—

a

F26£3,038, in the case of a student in category A;

b

F27£5,331, in the case of a student in category B;

c

F28£4,539, in the case of a student in category C;

d

F29£3,820, in the case of a student in category D.

6

Subject to paragraph (7), for a 2012 cohort student, where the academic year in question is the final year of a course other than an intensive course, the “minimum level for the academic year” in regulations 76 and 104(d) is—

a

F30£2,792, in the case of a student in category A;

b

F31£4,855, in the case of a student in category B;

c

F32£3,945, in the case of a student in category C;

d

F33£3,553, in the case of a student in category D.

F76A

Subject to paragraphs (6B) and (7), for a 2016 cohort student who satisfies all the conditions in regulation 71(1)(g), the “minimum level for the academic year” in regulation 80A is—

a

£3,039, in the case of a student in category A;

b

£5,330, in the case of a student in category B;

c

£4,540, in the case of a student in category C;

d

£3,821, in the case of a student in category D.

6B

Subject to paragraph (7), for a 2016 cohort student who satisfies all the conditions in regulation 71(1)(g), where the academic year in question is the final year of a course other than an intensive course, the “minimum level for the academic year” in regulation 80A is—

a

£2,792, in the case of a student in category A;

b

£4,855, in the case of a student in category B;

c

£3,945, in the case of a student in category C;

d

£3,553, in the case of a student in category D.

6C

Subject to paragraphs (6D) and (7), for a 2016 cohort student who satisfies all the conditions in regulation 71(1)(h), the “minimum level for the academic year” in regulation 80B is—

a

£3,039, in the case of a student in category A;

b

£5,330, in the case of a student in category B;

c

£4,540, in the case of a student in category C;

d

£3,821, in the case of a student in category D.

6D

Subject to paragraph (7), for a 2016 cohort student who satisfies all the conditions in regulation 71(1)(h), where the academic year in question is the final year of a course other than an intensive course, the “minimum level for the academic year” in regulation 80B is—

a

£2,792, in the case of a student in category A;

b

£4,855, in the case of a student in category B;

c

£3,945, in the case of a student in category C;

d

£3,553, in the case of a student in category D.

7

Where different categories apply for different quarters of the academic year, the minimum levels in paragraphs F8(1) to (6D) are the aggregate of the amounts determined under paragraph (8) for each of the quarters in respect of which a loan is payable.

8

The amount determined for each quarter is one third of the amount in paragraph (1), (2), (3), (4), (5) F9, (6), (6A), (6B), (6C) or (6D) which corresponds to the rate applicable for the quarter.

9

The rate applicable for a quarter is determined in accordance with regulation 83.

10

Categories A to D have the meaning given in regulation 90.