Regulation 33 Maximum amount of loans for new system eligible students with full entitlement
This regulation applies to a new system eligible student with full entitlement other than a type 1 or type 2 teacher training student with a household income exceeding £37,900.
Subject to regulations 36 to 41, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year (other than a final year of a course that is not an accelerated course) is equal to (X−Y)—
-
Where
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X is—
- (i)
for a student in category 1, £3,415;
- (ii)
for a student in category 2, £6,170;
- (iii)
for a student in category 3, £5,255;
- (iv)
for a student in category 4, £5,255;
- (v)
for a student in category 5, £4,405;
- (i)
-
Y is the maintenance grant amount.
Subject to regulations 36 to 41, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an accelerated course is equal to (X−Y)—
-
Where
-
X is—
- (i)
for a student in category 1, £3,085;
- (ii)
for a student in category 2, £5,620;
- (iii)
for a student in category 3, £4,570;
- (iv)
for a student in category 4, £4,570;
- (v)
for a student in category 5, £4,080;
- (i)
-
Y is the maintenance grant amount.
In this regulation, “the maintenance grant amount”(“swm y grant cynhaliaeth”) is—
where the student qualifies under regulation 29 for an amount of maintenance grant not exceeding £1,200, the amount of maintenance grant payable;
where the student qualifies under regulation 29 for an amount of maintenance grant exceeding £1,200, £1,200; and
where no maintenance grant is payable, nil.