Regulation 40 Amount of tuition fee loan

England and Wales

(1)

An amount of tuition fee loan in respect of an academic year may not exceed the lower of—

(a)

the tuition fees payable by the eligible student in respect of that year, or

(b)

the maximum loan amount.

(2)

F1Subject to paragraph (4), the maximum loan amount is calculated in accordance with Table 2 where—

(a)

Column 1 specifies the academic year in relation to which the maximum loan amounts in Column 5 are payable;

(b)

Column 2 specifies the category of student to whom the maximum loan amounts in Column 5 apply (see paragraph (3));

(c)

Column 3 specifies the type of course provider, where—

F2(i)

“ordinary provider” means a provider—

(aa)

falling within Condition 4 of regulation 6(1),

(bb)

specified in column 2 of Table 14A in Schedule 1A, in so far as they provide the course described in the corresponding entry in column 3, or

(cc)

treated as such by virtue of a designation made by the Welsh Ministers under regulation 8;

(ii)

“private institution” means an institution, which is not a recognised educational institution, providing a course specified as a designated course by the Welsh Ministers under regulation 8 F3, where the institution is not treated as an ordinary provider within the meaning of paragraph (i) under the terms of that designation;

(d)

Column 4 specifies the location of the institution providing the course;

(e)

Column 5 specifies the maximum loan amount applicable in respect of the corresponding entries in Columns 1, 2, 3 and 4.

(3)

The categories of students set out in Column 2 are—

Category 1

An eligible student undertaking a designated course who does not fall within Category 2, 3, 4 F4, 5 or 6.

Category 2

An eligible student undertaking the final academic year of a full-time course which ordinarily requires attendance of less than 15 weeks in order to be completed.

Category 3

An eligible student undertaking an academic year of a sandwich course provided by an institution in the United Kingdom where—

(a)

the periods of full-time study undertaken at the institution during that academic year are in aggregate less than 10 weeks, or

(b)

the periods spent undertaking the course during that academic year and any previous academic years (which are not periods of full-time study at the institution), disregarding intervening vacations, are in aggregate more than 30 weeks.

Category 4

An eligible student undertaking an academic year of a course provided by an institution in the United Kingdom in conjunction with an institution which is outside the United Kingdom where—

(a)

the periods of full-time study undertaken at the institution in the United Kingdom during that academic year are in aggregate less than 10 weeks, or

(b)

the periods spent undertaking the course during that academic year and any previous academic years (which are not periods of full-time study at the institution in the United Kingdom), disregarding intervening vacations, are in aggregate more than 30 weeks.

F5...

Category 5

An eligible student undertaking an accelerated graduate entry course.

F6Category 6

An eligible student undertaking an Erasmus year of a full-time course provided by an institution in England, Scotland or Wales.

Table 2

Column 1 Academic year	Column 2 Category of student	Column 3 Course provider type	Column 4 Location of course provider	Column 5 Maximum loan amount
Beginning on or after 1 September 2018 F7but before 1 September 2024	1	Ordinary provider	Wales	£9,000 for a full-time course £2,625 for a part-time course
		Ordinary provider	Elsewhere in UK	£9250 for a full-time course £6,935 for a part-time course
		Private institution	Wales	£6,165 for a full-time course £2,625 for a part-time course
		Private institution	Elsewhere in UK	£6,165 for a full-time course £4,625 for a part-time course
	2	Ordinary provider	Wales	£4,500
		Ordinary provider	Elsewhere in UK	£4,625
		Private institution	Wales and Elsewhere in UK	£3,080
	3	Ordinary provider	Wales	£1,800
			England	£1,850
			Scotland and Northern Ireland	£4,625
		Private institution	Wales and England	£1,230
		Private institution	Scotland and Northern Ireland	£3,080
	4	Ordinary provider	Wales	£1,350
			F8England ...	£1,385
			F9Scotland and Northern Ireland	£4,625
		Private institution	F10Wales and England	£920
		Private institution	F11Scotland and Northern Ireland	£3,080
	5	Ordinary provider	Wales and Elsewhere in UK	F12£5,785
F13Beginning on or after 1 September 2018 but before 1 September 2024	6	Ordinary provider	Wales	£1,350
	6	Ordinary provider	England and Scotland	£1,385
F14Beginning on or after 1 September 2024 F15but before 1 September 2025	1	Ordinary provider	Wales	£9,250 for a full-time course £2,625 for a part-time course
		Ordinary provider	Elsewhere in UK	£9,250 for a full-time course £6,935 for a part-time course
		Private institution	Wales	£6,165 for a full-time course £2,625 for a part-time course
		Private institution	Elsewhere in UK	£6,165 for a full-time course £4,625 for a part-time course
	2	Ordinary provider	Wales	£4,625
		Ordinary provider	Elsewhere in UK	£4,625
		Private institution	Wales and elsewhere in UK	£3,080
	3	Ordinary provider	Wales	£1,850
			England	£1,850
			Scotland and Northern Ireland	£4,625
		Private institution	Wales and England	£1,230
		Private institution	Scotland and Northern Ireland	£3,080
	4	Ordinary provider	Wales	£1,385
			England	£1,385
			Scotland and Northern Ireland	£4,625
		Private institution	Wales and England	£920
		Private institution	Scotland and Northern Ireland	£3,080
	5	Ordinary provider	Wales and elsewhere in UK	£5,785
	6	Ordinary provider	Wales	£1,385
	6	Ordinary provider	England and Scotland	£1,385
F16Beginning on or after 1 September 2025 F17but before 1 September 2026	1	Ordinary provider	Wales	£9,535 for a full-time course £2,625 for a part-time course
			Elsewhere in UK	£9,535 for a full-time course £7,145 for a part-time course
		Private institution	Wales	£6,355 for a full-time course £2,625 for a part-time course
			Elsewhere in UK	£6,355 for a full-time course £4,765 for a part-time course
	2	Ordinary provider	Wales and elsewhere in UK	£4,765
		Private institution	Wales and elsewhere in UK	£3,175
	3	Ordinary provider	Wales and England	£1,905
			Scotland and Northern Ireland	£4,765
		Private institution	Wales and England	£1,270
			Scotland and Northern Ireland	£3,175
	4	Ordinary provider	Wales and England	£1,430
			Scotland and Northern Ireland	£4,765
		Private institution	Wales and England	£950
			Scotland and Northern Ireland	£3,175
	5	Ordinary provider	Wales and elsewhere in UK	£6,070
	6	Ordinary provider	Wales, England and Scotland	£1,430
F18Beginning on or after 1 September 2026	1	Ordinary provider	Wales	£9,790 for a full-time course £2,875 for a part-time course
F18Beginning on or after 1 September 2026	1	Ordinary provider	Elsewhere in UK	£9,790 for a full-time course £7,335 for a part-time course
		Private institution	Wales	£6,525 for a full-time course £2,875 for a part-time course
		Private institution	Elsewhere in UK	£6,525 for a full-time course £4,895 for a part-time course
	2	Ordinary provide	Wales and elsewhere in UK	£4,895
		Private institution	Wales and elsewhere in UK	£3,260
	3	Ordinary provider	Wales and England	£1,955
	3	Ordinary provider	Scotland and Northern Ireland	£4,895
		Private institution	Wales and England	£1,305
		Private institution	Scotland and Northern Ireland	£3,260
	4	Ordinary provider	Wales and England	£1,465
	4	Ordinary provider	Scotland and Northern Ireland	£4,895
		Private institution	Wales and England	£975
		Private institution	Scotland and Northern Ireland	£3,260
	5	Ordinary provider	Wales and elsewhere in UK	£6,325
	6	Ordinary provider	Wales, England and Scotland	£1,465

F19(4)

The maximum loan amount to which a protected student is entitled is calculated as if their course were provided by an ordinary provider within the meaning of paragraph (2)(c)(i).

(5)

In paragraph (4), “protected student” means a student undertaking a course that satisfies the requirements set out in Schedule 2A.

Annotations

Textual amendments

F1: Words in reg. 40(2) inserted (31.7.2026 with application in accordance with reg. 2 of the amending S.I.) by The Education (Student Support) (Wales) (Amendment) Regulations 2026 (W.S.I. 2026/108), regs. 1(2), 2, 5(a)
F2: Reg. 40(2)(c)(i) substituted (31.7.2026 with application in accordance with reg. 2 of the amending S.I.) by The Education (Student Support) (Wales) (Amendment) Regulations 2026 (W.S.I. 2026/108), regs. 1(2), 2, 5(b)
F3: Words in reg. 40(2)(c)(ii) inserted (31.7.2026 with application in accordance with reg. 2 of the amending S.I.) by The Education (Student Support) (Wales) (Amendment) Regulations 2026 (W.S.I. 2026/108), regs. 1(2), 2, 5(c)
F4: Words in reg. 40(3) substituted (30.7.2018) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(a)(i)
F5: Words in reg. 40(3) omitted (30.7.2018) by virtue of The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(a)(ii)
F6: Words in reg. 40(3) inserted (30.7.2018) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(a)(iii)
F7: Words in reg. 40 Table 2 inserted (8.3.2024) by The Education (Student Finance) (Fee Limit and Loan Amounts) (Miscellaneous Amendments) (Wales) Regulations 2024 (S.I. 2024/144), regs. 1(2), 8(a)
F8: Words in reg. 40 Table 2 omitted (30.7.2018) by virtue of The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(b)(i)
F9: Words in reg. 40 Table 2 inserted (30.7.2018) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(b)(ii)
F10: Words in reg. 40 Table 2 substituted (with application in accordance with reg. 1(2) of the amending S.I.) by The Education (Student Finance) (Amounts) (Miscellaneous Amendments) (Wales) Regulations 2020 (S.I. 2020/153), regs. 1(2), 19(a)
F11: Words in reg. 40 Table 2 substituted (with application in accordance with reg. 1(2) of the amending S.I.) by The Education (Student Finance) (Amounts) (Miscellaneous Amendments) (Wales) Regulations 2020 (S.I. 2020/153), regs. 1(2), 19(b)
F12: Sum in reg. 40 Table 2 substituted (8.3.2019) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2019 (S.I. 2019/235), regs. 1(2), 45
F13: Words in reg. 40 Table 2 inserted (30.7.2018) by The Education (Student Finance) (Miscellaneous Amendments) (Wales) Regulations 2018 (S.I. 2018/814), regs. 1(2), 8(b)(iii)
F14: Words in reg. 40 Table 2 inserted (8.3.2024) by The Education (Student Finance) (Fee Limit and Loan Amounts) (Miscellaneous Amendments) (Wales) Regulations 2024 (S.I. 2024/144), regs. 1(2), 8(b)
F15: Words in reg. 40(3) Table 2 inserted (17.3.2025) by The Education (Student Finance) (Fee Limit and Loan Amounts) (Miscellaneous Amendments) (Wales) Regulations 2025 (S.I. 2025/190), regs. 1(2), 4(a)
F16: Words in reg. 40(3) Table 2 inserted (17.3.2025) by The Education (Student Finance) (Fee Limit and Loan Amounts) (Miscellaneous Amendments) (Wales) Regulations 2025 (S.I. 2025/190), regs. 1(2), 4(b)
F17: Words in reg. 40(3) Table 2 inserted (12.2.2026 with application in accordance with reg. 2(1)(a) of the amending S.I.) by The Education (Student Finance) (Amounts) (Miscellaneous Amendments) (Wales) Regulations 2026 (W.S.I. 2026/11), regs. 1(2), 31(a)
F18: Words in reg. 40(3) Table 2 inserted (12.2.2026 with application in accordance with reg. 2(1)(a) of the amending S.I.) by The Education (Student Finance) (Amounts) (Miscellaneous Amendments) (Wales) Regulations 2026 (W.S.I. 2026/11), regs. 1(2), 31(b)
F19: Reg. 40(4)(5) inserted (31.7.2026 with application in accordance with reg. 2 of the amending S.I.) by The Education (Student Support) (Wales) (Amendment) Regulations 2026 (W.S.I. 2026/108), regs. 1(2), 2, 5(d)