OpenLegislation

Regulation 55 Maximum amount of loans for new system eligible students with full entitlement who are 2011 cohort studentsF1I1

England and Wales

(1)

This regulation applies to a new system eligible student with full entitlement who is a 2011 cohort student.

(2)

Subject to regulations 57 to 62, 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 a final year of a course that is not an intensive course is equal to (X-Y) where—

  • X is, for such a student in—

    1. (i)

      category 1, £4.027;

    2. (ii)

      category 2, £7,288;

    3. (iii)

      category 3, £6,202;

    4. (iv)

      category 4, £6,202;

    5. (v)

      category 5, £5,202;

  • Y is the maintenance grant amount.

(3)

Subject to regulations 57 to 62, 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 (X-Y) where—

  • X is, for such a student in—

    1. (i)

      category 1, £3,645;

    2. (ii)

      category 2, £6,636;

    3. (iii)

      category 3, £5,394;

    4. (iv)

      category 4, £5,394;

    5. (v)

      category 5, £4,819;

  • Y is the maintenance grant amount.

(4)

In this regulation, “the maintenance grant amount” (“swm y grant cynhaliaeth”) is—

(a)

where the new system eligible student referred to in paragraph (1) qualifies under regulation 44 for an amount of maintenance grant, the amount that is equal to £0.50 for every £1 of maintenance grant for which that student qualifies, up to a maximum value for Y of £2,580;

(b)

where no maintenance grant is payable under regulation 44, nil.

Annotations

Textual amendments

F1

Regulations revoked (19.2.2015) by The Education (Student Support) (Wales) Regulations 2015 (S.I. 2015/54), regs. 1(2), 3(1) (with savings in reg. 3(13)(15))

Commencement

I1

Reg. 55 in force at 10.1.2014, see reg. 1(2)