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Regulation 41 Maximum amount of loans for new system eligible students with full entitlement

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

This regulation applies to a type 1 and 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 the final year of a course that is not an accelerated course) is —

(a)

for a student in category 1, £3,495;

(b)

for a student in category 2, £6,320;

(c)

for a student in category 3, £5,380;

(d)

for a student in category 4, £5,380;

(e)

for a student in category 5, £4,510.

(3)

Subject to regulations 43 to 48, the maximum loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year of a course (other than the final year of a course that is not an accelerated course) is —

(a)

for a student in category 1, £3,160;

(b)

for a student in category 2, £5,755;

(c)

for a student in category 3, £4,680;

(d)

for a student in category 4, £4,680;

(e)

for a student in category 5, £4,180.