Regulation 34 Amount of the fee contribution loanI1
Northern Ireland
Where an old system student applies for a grant for fees and a fee contribution loan, the amount of the fee contribution loan in respect of an academic year of the designated course is the amount for which the student applies not exceeding the difference between the basic amount of the grant determined under regulation 30 or 31 and the amount of the grant that is payable after the application of the contribution in accordance with regulation 92.
Where the only fee support for which an old system student applies is a fee contribution loan, the maximum amount for which the student may apply in respect of an academic year is the lesser of—
£1,225 or, if any of the cases set out in regulation 23(3) apply, £610; and
the fees payable by the student in connection with the academic year.
An old system student may apply to borrow an additional amount of fee contribution loan where—
the Department determines that the maximum amount of fee contribution loan should be increased (including an increase from nil) as a result of a reassessment of the student’s contribution or otherwise; and
the Department considers that the increase in the maximum amount does not result from the old system student—
failing to provide information promptly which might affect his ability to qualify for a grant for fees or fee contribution loan or the amount of grant for fees or fee contribution loan for which he qualifies; or
providing information which is inaccurate in any material particular.
The additional amount under paragraph (3) is an amount which when added to the amount already applied for does not exceed the increased maximum.
Where an old system student has applied for a fee contribution loan of less than the maximum amount to which he is entitled, he may apply to borrow an additional amount which, when added to the amount already applied for, does not exceed the relevant maximum applicable in his case.