Paragraph 8 Calculation of contribution – old system studentsI1

Northern Ireland

(1)

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

(a)

in any case where the household income is £22,560 or more, £45 with the addition of £1 for every complete £12.50 by which the household income exceeds £22,560; and

(b)

in any case where the household income is less than £22,560, nil.

(2)

The contribution payable in relation to an old system student who is an independent eligible student with a partner is—

(a)

in any case where the household income is £22,560 or more, £45 with the addition of £1 for every £9.50 by which the household income exceeds £22,560; and

(b)

in any case where the household income is less than £22,560, nil.

(3)

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 £10,505 or more, £45 with the addition of £1 for every complete £9.50 by which the household income exceeds £10,505; and

(b)

in any case where the household income is less than £10,505, nil.

(4)

The amount of the contribution payable under sub-paragraphs (1) to (3) must in no case exceed £7,965.

(5)

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

(6)

Where sub-paragraph (7) applies, the aggregate contributions must not exceed £7,965.

(7)

This sub-paragraph applies where—

(a)

a contribution is payable in relation to two or more eligible students (other than new 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.

Annotations

Commencement

I1: Sch. 4 para. 8 in operation at 1.9.2006, see reg. 1