Regulation 97 Amount of loan for living costs payable to certain type 1 and type 2 teacher training students

This regulation applies to type 1 and type 2 teacher training students who qualify for a maintenance grant and whose contribution exceeds nil.

The loan for living costs payable in respect of an academic year to a student to whom this regulation applies is calculated as follows—

$$A-B$$

where

• A is the amount of loan for living costs left after applying the contribution in accordance with this Part; and

• B is the amount of maintenance grant payable to the student.