PART 5GRANTS FOR LIVING COSTS
Special support grant — new system eligible students who are 2010 cohort students43
1
The maximum amount of special support grant available to a new system eligible student who is a 2010 cohort student in respect of an academic year is £5,000.
2
A new system eligible student who is a 2010 cohort student who qualifies for a special support grant in respect of an academic year receives an amount as follows in respect of that year—
a
where the household income is £18,370 or less, the eligible student receives £5,000;
b
where the household income exceeds £18,370 but does not exceed £26,500, the eligible student receives an amount equal to M − A, where M is £5,000 and A is £1 for every £3.77 by which the household income exceeds £18,370;
c
where the household income exceeds £26,500 but does not exceed £34,000, the eligible student receives an amount equal to RM − A, where RM is £2,844 and A is £1 for every £4.315 by which the household income exceeds £26,500;
d
where the household income exceeds £34,000 but does not exceed £50,020, the eligible student receives an amount equal to SM − A, where SM is £1,106 and A is £1 for every £15.17 by which the household income exceeds £34,000;
e
where the household income is £50,020, the eligible student receives £50; and
f
where the household income exceeds £50,020, no special support grant is payable.