This regulation applies to type 1 and type 2 teacher training students who qualify for a maintenance grant and whose contribution exceeds nil.

This regulation does not apply to 2008 or 2009 cohort students.

The loan for living costs payable in respect of an academic year to a student to whom this regulation applies is calculated as follows—

$A-B$

• where

• A is the amount of loan for living costs left after applying the contribution in accordance with this Part; and

• B is the amount of maintenance grant payable to the student.