Regulation 40 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 £38,810.

Subject to regulations 43 to 48, 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

Where

• X is —

  1. (i)

     for a student in category 1, £3,495;

  2. (ii)

     for a student in category 2, £6,320;

  3. (iii)

     for a student in category 3, £5,380;

  4. (iv)

     for a student in category 4, £5,380;

  5. (v)

     for a student in category 5, £4,510;

• Y is the maintenance grant amount.

Subject to regulations 43 to 48, 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

Where

• X is —

  1. (i)

     for a student in category 1, £3,160;

  2. (ii)

     for a student in category 2, £5,755;

  3. (iii)

     for a student in category 3, £4,680;

  4. (iv)

     for a student in category 4, £4,680;

  5. (v)

     for a student in category 5, £4,180;

• Y is the maintenance grant amount.

In this regulation, “the maintenance grant amount” (“swm y grant cynhaliaeth”) is —