Regulation 6 Amounts of loan
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, £920 if he resides at his parents' home, and £1,485 if he does not; and
if the year is any other year of the course, £1260 if he resides at his parents' home, and £2,035 if 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, £920 if he resides at his parents' home, and £1,200 if he does not; and
if the year is any other year of the course, £1,260 of he resides at his parents' home, and £1,645 if 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 £1,200 if the year is the final year of the course and £1,645 if it is not.
Where a student’s course is an accelerated course, paragraph (1)(a) shall have effect as if for £920 and £1,485 there were substituted £1,260 and £2,035 respectively and paragraph (2)(a) shall have effect as if for £920 and £1,200 there were substituted £1,260 and £1,645 respectively.
For the purpose of paragraphs (1) to (3), where a postgraduate course of initial training for teachers 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 or residence is his place of residence on the date a certificate is given in respect of him pursuant to regulation 13.