Regulation 157J Minimum level of loan for living costs for part-time coursesF1

Subject to paragraph (2), for an eligible part-time student with full entitlement, the “minimum level for the academic year” in regulation 157G is equal to—

where—

• A is the relevant intensity of study; and

• B is

  1. (a)

     F2£4,013 in the case of a student in category A;

  2. (b)

     F3£7,039 in the case of a student in category B;

  3. (c)

     F4£5,996 in the case of a student in category C;

  4. (d)

     F5£5,048 in the case of a student in category D.

Where different categories apply for different quarters of the academic year, the minimum level in paragraph (1) is the aggregate of the amounts determined under paragraph (3) for each of the quarters in respect of which a loan is payable.

The amount determined for each quarter is one third of the amount in paragraph (1) which corresponds to the rate applicable for the quarter.

The rate applicable for a quarter is determined in accordance with regulation 157L.