SCHEDULE 6FINANCIAL ASSESSMENT – PART-TIME GRANTS FOR DEPENDANTS
Definitions
Calculation of contribution
5.
(1)
The contribution payable in relation to an eligible part-time student is—
(a)
in any case where the household income exceeds £39,793, £1 for every £9.27 by which the household income exceeds £39,793; and
(b)
in any case where the household income is £39,793 or less, nil.
(2)
The contribution must not in any case exceed £6,208.
(3)
The contribution may be adjusted in accordance with paragraph 6.
(4)
Where sub-paragraph (5) applies, the aggregate contributions must not exceed £6,208.
(5)
This sub-paragraph applies where the household income consists of the residual income of an eligible part-time student and the eligible part-time student’s partner where both hold a statutory award.