PART 4GRANTS AND LOANS FOR FEES
CHAPTER 3FEE CONTRIBUTION LOANS AND FEE LOANS
New private institution fee loanI126
1
A new system eligible student who is a 2012 cohort student qualifies in accordance with this regulation for a new private institution fee loan in respect of, or otherwise in connection with, the 2012 cohort student’s attendance on a designated course provided by a private institution.
2
A new private institution fee loan is not available in respect of an academic year if that year is a bursary year or an Erasmus year.
3
The amount of a new private institution fee loan in respect of an academic year of a designated course provided by a private institution must not exceed the lesser of—
a
£6,000 or, where any of the circumstances in regulation 17(4) apply, £3000; and
b
the fees payable by the student in respect of, or otherwise in connection with, that year.
4
Where a new system eligible student has applied for a new private institution fee loan of less than the maximum amount available in relation to an academic year, the new system eligible student may apply to borrow an additional amount which, when added to the amount already applied for, does not exceed that maximum.