# The Housing Renovation etc. Grants (Reduction of Grant) Regulations 1994, Regulation 43: Treatment of student loans


(1) A loan which is made to a student pursuant to arrangements made under section 1 of the Education (Student Loans) Act 1990 or article 3 of the Education (Student Loans) (Northern Ireland) Order 1990 shall be treated as income.
(2) Any loan for which a student is eligible under the arrangements mentioned in paragraph (1) but which has not been acquired by him shall be treated as possessed by him and paragraph (1) shall apply accordingly; and for the purposes of this paragraph the loan for which a student is eligible is the maximum amount payable to him under those arrangements.

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Source: https://www.legislation.gov.uk/uksi/1994/648/regulation/43 (the official version)
Page: https://openlegislation.uk/housing-renovation-etc-grants-reduction-of-grant-regulations-1994/regulation-43
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.