PART 9 E+WFINANCIAL ASSESSMENT

Application of contribution E+W

56.—(1) An amount equal to the contribution or the remainder of the contribution, as the case may be, calculated under Schedule 5, is to be applied until it is extinguished against the amount of the particular grants and loans for which the eligible student qualifies as follows—

(a) first, to reduce ADG;

(b) second, to reduce CCG;

(c) third, to reduce PLA;

(d) fourth, to reduce LLC to no less than the minimum level for the academic year;

(e) fifth, to reduce GFT.

(2) In this regulation—

(a) ADG is the amount, if any, of the adult dependants’ grant calculated in accordance with regulation 29;

(b) CCG is the amount, if any, of the childcare grant calculated in accordance with regulation 29;

(c) GFT is the amount of the grant for travel for which the eligible student qualifies under regulation 32, if any;

(d) LLC is the amount of loan for living costs, if any, for which the eligible student (other than a student with reduced entitlement) qualifies under Part 6 to no less than the minimum level for the academic year specified in paragraph (3);

(e) PLA is the amount, if any, of the parents’ learning allowance calculated under regulation 29 (except the first £50 of the allowance).

(3) Subject to paragraphs (4) and (5), the “minimum level for the academic year” (“lefel isaf am y flwyddyn academaidd”) in regulation 56(1)(e) is, in the case of a student in—

(a) category 1, [F1 £4,147] ;

(b) category 2, [F2 £7,505] ;

(c) category 3, [F3 £6,388] ;

(d) category 4, [F4 £6,388] ;

(e) category 5, [F5 £5,357] .

(4) Subject to paragraph (5), where the academic year in question is the final year of a course other than an intensive course, the “minimum level for the academic year” (“lefel isaf am y flwyddyn academaidd”) is, in the case of a student in—

(a) category 1, [F6 £3,755] ;

(b) category 2, [F7 £6,834] ;

(c) category 3, [F8 £5,556] ;

(d) category 4, [F9 £5,556] ;

(e) category 5, [F10 £4,963] .

(5) Where different categories apply to an eligible student for different quarters of the academic year, the minimum levels in paragraphs (3) and (4) are the aggregate of the amounts determined under paragraph (6) for each of the three quarters in respect of which a loan is payable.

(6) The amount determined for each quarter is one third of the amount in paragraph (3) or (4) which corresponds to the rate applicable for the quarter.

(7) Categories 1 to 5 have the meaning given in regulation 52.

Textual Amendments

F1 Word in reg. 56(3)(a) substituted (12.3.2018) by The Education (Student Support) (Wales) Regulations 2018 (S.I. 2018/191), reg. 1(2), Sch. 6 para. 12(a)(i) (with reg. 2(2)(3))

F2 Word in reg. 56(3)(b) substituted (12.3.2018) by The Education (Student Support) (Wales) Regulations 2018 (S.I. 2018/191), reg. 1(2), Sch. 6 para. 12(a)(ii) (with reg. 2(2)(3))

F3 Word in reg. 56(3)(c) substituted (12.3.2018) by The Education (Student Support) (Wales) Regulations 2018 (S.I. 2018/191), reg. 1(2), Sch. 6 para. 12(a)(iii) (with reg. 2(2)(3))

F4 Word in reg. 56(3)(d) substituted (12.3.2018) by The Education (Student Support) (Wales) Regulations 2018 (S.I. 2018/191), reg. 1(2), Sch. 6 para. 12(a)(iv) (with reg. 2(2)(3))

F5 Word in reg. 56(3)(e) substituted (12.3.2018) by The Education (Student Support) (Wales) Regulations 2018 (S.I. 2018/191), reg. 1(2), Sch. 6 para. 12(a)(v) (with reg. 2(2)(3))

F6 Word in reg. 56(4)(a) substituted (12.3.2018) by The Education (Student Support) (Wales) Regulations 2018 (S.I. 2018/191), reg. 1(2), Sch. 6 para. 12(b)(i) (with reg. 2(2)(3))

F7 Word in reg. 56(4)(b) substituted (12.3.2018) by The Education (Student Support) (Wales) Regulations 2018 (S.I. 2018/191), reg. 1(2), Sch. 6 para. 12(b)(ii) (with reg. 2(2)(3))

F8 Word in reg. 56(4)(c) substituted (12.3.2018) by The Education (Student Support) (Wales) Regulations 2018 (S.I. 2018/191), reg. 1(2), Sch. 6 para. 12(b)(iii) (with reg. 2(2)(3))

F9 Word in reg. 56(4)(d) substituted (12.3.2018) by The Education (Student Support) (Wales) Regulations 2018 (S.I. 2018/191), reg. 1(2), Sch. 6 para. 12(b)(iv) (with reg. 2(2)(3))

F10 Word in reg. 56(4)(e) substituted (12.3.2018) by The Education (Student Support) (Wales) Regulations 2018 (S.I. 2018/191), reg. 1(2), Sch. 6 para. 12(b)(v) (with reg. 2(2)(3))

Commencement Information

I1 Reg. 56 in force at 17.2.2017, see reg. 1(2)