Regulation 6 Amounts of loans
Subject to paragraphs (3) to (5), in the case of a student attending a course at the University of London or at any institution within the area comprising the City of London and the metropolitan police district, the maximum amount of the loan in relation to any academic year shall be–
if the year is the final year of the course,£670if he resides at his parents' home, and£1,005if he does not; and
if the year is any other year of the course£915if he resides at his parents' home, and£1,375if he does not.
Subject to paragraphs (3) to (5), in the case of any other student the maximum amount of the loan in relation to any academic year shall be–
if the year is the final year of the course,£670if he resides at his parents' home, and£840if he does not; and
if the year is any other year of the course,£915if he resides at his parents' home, and£1,150if he does not.
Where a student’s course includes a period of residence in a country other than the United Kingdom throughout an academic year, the maximum amount of the loan in relation to that academic year shall be£840if the year is the final year of the course and£1,150if it is not.
Where a student’s course is an accelerated course, paragraph (1)(a) shall have effect as if for£670and£1,005there were substituted£915and£1,375respectively and paragraph (2)(a) shall have effect as if for£670and£840there were substituted£915and£1,150respectively.
For the purposes of paragraphs (1) to (3), where a course for the Postgraduate Certificate in Education, the Art Teacher’s Certificate or the Art Teacher’s Diploma (or for a qualification comparable with any such certificate or diploma) is of only one academic year’s duration that year shall not be treated as a final year, and for the purposes of paragraphs (1) and (2) a student’s place of residence is his place of residence on the date a certificate is given in respect of him pursuant to regulation 13.