PART 4THE LOAN
Amount of postgraduate doctoral degree loan13
1
Subject to paragraph (2), a person may apply for a postgraduate doctoral degree loan of up to F1£26,445 towards the costs of undertaking a designated course.
2
Subject to regulation 17(5), where an eligible prisoner applies for a postgraduate doctoral degree loan the amount of the loan must not exceed the lesser of—
a
the fees payable in respect of the course, and
b
F2£26,445.
3
Except where regulation 17(5) and (6) applies an eligible student may apply to the Welsh Ministers to amend the amount of postgraduate doctoral degree loan for which the student has applied, provided that—
a
in aggregate, the amounts of postgraduate doctoral degree loan applied for do not exceed the applicable amounts set out in paragraphs (1) and (2);
b
such application is made in accordance with regulation 11(2).
4
If the Welsh Ministers have determined under regulation 10 that the applicant is an eligible student, the Welsh Ministers must pay the amount for which the eligible student qualifies in accordance with regulation 14.