OpenLegislation

Regulation 65 Current system students with full entitlement

Original text. Later amendments are not shown.

(1)

This regulation applies to a current system student with full entitlement (other than a type 1 or type 2 teacher training student whose contribution exceeds nil).

(2)

Subject to Chapter 3 of this Part, 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 intensive course is equal to X−Y where—

  • X is—

    1. (i)

      for a student in category A, £3,495;

    2. (ii)

      for a student in category B, £6,315;

    3. (iii)

      for a student in category C, £5,375;

    4. (iv)

      for a student in category D, £4,510;

  • Y is the maintenance grant amount.

(3)

Subject to Chapter 3 of this Part, 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 intensive course is equal to X−Y where—

  • X is—

    1. (i)

      for a student in category A, £3,155;

    2. (ii)

      for a student in category B, £5,750;

    3. (iii)

      for a student in category C, £4,675;

    4. (iv)

      for a student in category D, £4,175;

  • Y is the maintenance grant amount.

(4)

In this regulation, “the maintenance grant amount” is—

(a)

where the student qualifies under Chapter 6 of Part 5 for an amount of maintenance grant not exceeding £1,230, the amount of maintenance grant payable;

(b)

where the student qualifies under Chapter 6 of Part 5 for an amount of maintenance grant exceeding £1,230, £1,230; and

(c)

where no maintenance grant is payable, nil.