# The Assembly Learning Grants and Loans (Higher Education) (Wales) Regulations 2007, Regulation 40: Maximum amount of loans for new system eligible students with full entitlement


(1) 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.
(2) 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
(X-Y)— Where
X is —
(i) for a student in category 1, £3,495;
(ii) for a student in category 2, £6,320;
(iii) for a student in category 3, £5,380;
(iv) for a student in category 4, £5,380;
(v) for a student in category 5, £4,510;
Y is the maintenance grant amount.
(3) 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
(X-Y)— Where
X is —
(i) for a student in category 1, £3,160;
(ii) for a student in category 2, £5,755;
(iii) for a student in category 3, £4,680;
(iv) for a student in category 4, £4,680;
(v) for a student in category 5, £4,180;
Y is the maintenance grant amount.
(4) In this regulation, “the maintenance grant amount” (“swm y grant cynhaliaeth”) is —
(a) where the student qualifies under regulation 36 for an amount of maintenance grant not exceeding £1,225, the amount of maintenance grant payable;
(b) where the student qualifies under regulation 36 for an amount of maintenance grant exceeding £1,225, £1,225; and
(c) where no maintenance grant is payable, nil.

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Source: https://www.legislation.gov.uk/wsi/2007/1045/regulation/40 (the official version)
Page: https://openlegislation.uk/assembly-learning-grants-and-loans-higher-education-wales-regulations-2007/regulation-40
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.