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Regulation 31 Amount of contribution to costs loan — courses beginning before 1 August 2024F5I1

England and Wales

F1(A1)

This regulation applies in relation to a designated course beginning before 1 August 2024.

(1)

The amount of contribution to costs loan payable to an eligible student F2... is calculated as follows—

  • Maximum amount of contribution to costs loan available to the student in respect of a designated course.

  • Minus

  • Amount of contribution to costs grant payable to the student under regulation 27.

(2)

Subject to paragraph (3), the maximum amount of contribution to costs loan is F3£17,770.

(3)

Where an eligible prisoner applies for a contribution to costs loan the amount of loan must not exceed the lesser of—

(a)

the fees payable in respect of the designated course minus the amount of base grant payable to the eligible prisoner under regulation 25,

(b)

and F4£17,770.

(4)

Except where regulation 36(5) to (10) applies an eligible student may apply to the Welsh Ministers to amend the amount of contribution to costs loan for which the student has applied, provided that—

(a)

in aggregate, the amounts of contribution to costs loan applied for do not exceed the applicable amounts set out in paragraphs (2) and (3);

(b)

such application is made in accordance with regulation 18(2).

Annotations

Textual amendments

F1

Reg. 31(A1) inserted (8.5.2024) by The Education (Student Support) (Postgraduate Master’s Degrees) (Wales) (Amendment) Regulations 2024 (S.I. 2024/501), regs. 1(2), 8(b) (with reg. 1(3))

F2

Words in reg. 31(1) omitted (8.5.2024) by virtue of The Education (Student Support) (Postgraduate Master’s Degrees) (Wales) (Amendment) Regulations 2024 (S.I. 2024/501), regs. 1(2), 8(c) (with reg. 1(3))

F3

Sum in reg. 31(2) substituted (22.2.2023) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2023 (S.I. 2023/87), regs. 1(2), 73(a) (with reg. 2)

F4

Sum in reg. 31(3)(b) substituted (22.2.2023) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2023 (S.I. 2023/87), regs. 1(2), 73(b) (with reg. 2)

F5

Words in reg. 31 heading inserted (8.5.2024) by The Education (Student Support) (Postgraduate Master’s Degrees) (Wales) (Amendment) Regulations 2024 (S.I. 2024/501), regs. 1(2), 8(a) (with reg. 1(3))

Commencement

I1

Reg. 31 in force at 27.5.2019, see reg. 1(2)