PART 6 E+WLOANS FOR LIVING COSTS

CHAPTER 2 E+WMAXIMUM AMOUNTS OF LOANS

[F1 2016 cohort students with full entitlement who satisfy the conditions in regulation 71(1)(i) E+W

80C.— (1) This regulation applies to a 2016 cohort student who satisfies both the conditions in regulation 71(1)(i).

(2) Subject to Chapter 4 of this Part, the loan for living costs is a special support loan and the maximum amount for which a student to whom this regulation applies qualifies is equal to—

where—

• X is [F2 £4,221];

• Y is £1 for every complete [F2 £4.51] by which the student’s household income exceeds £25,000.

(3) Where the amount of loan for living costs calculated under paragraph (2) is less than £50, the amount of loan for living costs payable is nil.]

Textual Amendments

F1 Regs. 80A-80C inserted (with application in accordance with reg. 1(3)(b) of the amending S.I.) by The Education (Student Support) (Amendment) Regulations 2015 (S.I. 2015/1951), regs. 1(3)(a), 36

F2 Sums in reg. 80C(2) substituted (with application in accordance with reg. 2(4)(5)(c) of the amending S.I.) by The Education (Student Fees, Awards and Support) (Amendment) Regulations 2023 (S.I. 2023/74), reg. 1, Sch.