PART 5GRANTS FOR LIVING AND OTHER COSTS

CHAPTER 7SPECIAL SUPPORT GRANTS FOR CURRENT SYSTEM STUDENTS

Amount of the special support grant – 2012 cohort students64

1

The maximum amount of F1special support grant available to a 2012 cohort student in respect of an academic year is F2£4,009.

2

A 2012 cohort student who qualifies for a F1special support grant in respect of an academic year receives, subject to sub-paragraph (c), an amount as follows in respect of that year—

a

where the household income is £25,000 or less, the student receives F3£4,009;

b

where the household income exceeds £25,000 but does not exceed F4£42,737 the student receives an amount equal to M−Amath where—

M is F4£4,009

A is £1 for every complete F4£4.48 by which the household income exceeds £25,000; and

c

where the household income exceeds F5£42,737, no F1special support grant is payable.