Regulation 80A 2016 cohort students with full entitlement who satisfy the conditions in regulation 71(1)(g)F1

This regulation applies to a 2016 cohort student who satisfies all the conditions in regulation 71(1)(g).

Subject to Chapter 4 of this Part and F2paragraphs (4) and (5), 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

where—

• X is—

  1. (i)

     for a student in category A, F3£9,118;

  2. (ii)

     for a student in category B, F4£14,135;

  3. (iii)

     for a student in category C, F5£12,403;

  4. (iv)

     for a student in category D, F6£10,830;

• Y is—

  1. (i)

     for a student in category A, £1 for every complete £6.54 by which the student’s household income exceeds £25,000;

  2. (ii)

     for a student in category B, £1 for every complete £6.36 by which the student’s household income exceeds £25,000;

  3. (iii)

     for a student in category C, £1 for every complete £6.41 by which the student’s household income exceeds £25,000;

  4. (iv)

     for a student in category D, £1 for every complete £6.47 by which the student’s household income exceeds £25,000.

Subject to Chapter 4 of this Part and F7paragraphs (4) and (5), 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

where—

• X is—

  1. (i)

     for a student in category A, F8£8,579;

  2. (ii)

     for a student in category B, F9£13,096;

  3. (iii)

     for a student in category C, F10£11,103;

  4. (iv)

     for a student in category D, F11£10,242

• Y is—

  1. (i)

     for a student in category A, £1 for every complete £6.54 by which the student’s household income exceeds £25,000;

  2. (ii)

     for a student in category B, £1 for every complete £6.36 by which the student’s household income exceeds £25,000;

  3. (iii)

     for a student in category C, £1 for every complete £6.41 by which the student’s household income exceeds £25,000;

  4. (iv)

     for a student in category D, £1 for every complete £6.47 by which the student’s household income exceeds £25,000.

Where the maximum amount of loan for living costs is calculated in accordance with paragraph (2) or (3) and is less than the minimum level for the academic year specified in regulation 105, the minimum level for the academic year is payable.

Where this regulation applies to an eligible care leaver, the formula in each of paragraphs (2) and (3) is to be read as “X”.