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The Universal Credit Regulations 2013
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- UK Statutory Instruments
- 2013 No. 376
- PART 6
- CHAPTER 3
- Regulation 71
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Changes over time for: Section 71
Version Superseded: 01/04/2024
Alternative versions:
- 29/04/2013- Amendment
- 04/08/2016- Amendment
- 15/07/2020- Amendment
- 26/09/2022
Point in time - 01/04/2024- Amendment
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Calculation of student income - amount for an assessment periodU.K.
This section has no associated Explanatory Memorandum
71. The amount of a person's student income in relation to each assessment period in which the person is to be treated as having student income in accordance with regulation 68(1) is calculated as follows.
Step 1
Determine whichever of the following amounts is applicable—
(a)[F1in so far as regulation 68(2) applies to a person with a student loan,] the amount of the loan (and, if applicable, the amount of any grant) in relation to the year of the course in which the assessment period falls; F2...
[F3(aa)in so far as regulation 68(2) applies to a person with a postgraduate F4... loan, 30 per cent. of the amount of the loan in relation to the year of the course in which the assessment period falls; or]
(b)if regulation 68(4) applies (person with a grant but no student loan [F5or postgraduate F4... loan]) the amount of the grant in relation to the year of the course in which the assessment period falls.
But if the period of the course is less than a year determine the amount of the grant or loan in relation to the course.
Step 2
Determine in relation to—
(a)the year of the course in which the assessment period falls; or
(b)if the period of the course is less than a year, the period of the course,
the number of assessment periods for which the person is to be treated as having student income under regulation 68(1).
Step 3
Divide the amount produced by step 1 by the number of assessment periods produced by step 2.
Step 4
Deduct £110.
Textual Amendments
F1Words in reg. 71 substituted (4.8.2016) by The Social Security (Treatment of Postgraduate Masters Degree Loans and Special Support Loans) (Amendment) Regulations 2016 (S.I. 2016/743), regs. 1, 6(4)(a)
F2Word in reg. 71 omitted (4.8.2016) by virtue of The Social Security (Treatment of Postgraduate Masters Degree Loans and Special Support Loans) (Amendment) Regulations 2016 (S.I. 2016/743), regs. 1, 6(4)(b)
F3 Reg. 71 Step 1 (aa) inserted (4.8.2016) by The Social Security (Treatment of Postgraduate Masters Degree Loans and Special Support Loans) (Amendment) Regulations 2016 (S.I. 2016/743), regs. 1, 6(4)(c)
F4Words in reg. 71 omitted (15.7.2020) by virtue of The Social Security (Income and Capital) (Miscellaneous Amendments) Regulations 2020 (S.I. 2020/618), regs. 1, 8(4)
F5Words in reg. 71 inserted (4.8.2016) by The Social Security (Treatment of Postgraduate Masters Degree Loans and Special Support Loans) (Amendment) Regulations 2016 (S.I. 2016/743), regs. 1, 6(4)(d)
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