Paragraph 8 Calculation of contribution – old system students

(1)

The contribution payable in relation to an old system student who is not an independent eligible student or is an independent eligible student with a partner is—

(a)

in any case where the household income is £23,085 or more, £45 with the addition of £1 for every complete £9.50 by which the household income exceeds £23,085; and

(b)

in any case where the household income is less than £23,085, nil.

(2)

The contribution payable in relation to an old system student who is an independent eligible student without a partner is—

(a)

in any case where the household income is £10,750 or more, £45 with the addition of £1 for every complete £9.50 by which the household income exceeds £10,750; and

(b)

in any case where the household income is less than £10,750, nil.

(3)

The amount of the contribution payable under sub-paragraph (1) or (2) must in no case exceed £7,605.

(4)

The contribution may be adjusted in accordance with paragraph 10 or 11.

(5)

Where sub-paragraph (6) applies, the aggregate contributions must not exceed £7,605.

(6)

This sub-paragraph applies where—

(a)

a contribution is payable in relation to two or more eligible students (other than current system students) in respect of the same income under paragraph 5 or, where the relevant parent’s partner’s residual income is taken into account, under paragraphs 5 and 7; or

(b)

the household income consists of the residual income of an independent eligible student and his partner where both hold a statutory award.