Regulation 4 Liable Students
A liable student is a liable graduate who, in the academic year immediately following the end of their endowment course, has undertaken–
(a)
a course of fundable higher education; or
(b)
a series of 2 or more courses of fundable higher education where–
(i)
after each course in the series is completed, the next course is started in the academic year immediately following the end of the completed course; and
(ii)
the series comes to an end when a course is completed and no further course is started in the academic year following the completion of that course.