Regulation 62 Amount of the higher education grantI1

United Kingdom Not yet in force

(1)

The maximum amount of higher education grant available in respect of an academic year is £1,000.

(2)

An old system student who qualifies for a higher education grant receives an amount as follows—

(a)

where the household income is £16,750 or less, he receives £1,000;

(b)

where the household income exceeds £16,750 and does not exceed £22,735, he receives an amount equal to $M - A$ where—

M is £1,000

A is £1 for every complete £6.30 by which the household income exceeds £16,750; and

(c)

where the household income exceeds £22,735, no higher education grant is payable.

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