Regulation 34 Amount of fee loan for a course yearI1
England and Wales
The amount of fee loan for a course year of a designated course that a student may receive during a course year must not exceed any of the following—
the sum of the activity amounts associated with the course year;
a student’s fee loan entitlement balance plus any additional entitlement;
the amount required to fund 180 credits of normal taught study;
the fees payable by the student in connection with the course year.
In this regulation—
an “access and participation plan” is a plan approved by the OfS under section 29 of the 2017 Act;
an “activity amount” is the fee loan per-credit limit for an activity referred to in paragraphs (3) to (14), multiplied by the number of credits associated with the course year in respect of that activity;
“approved provider” and “approved (fee cap) provider” mean English higher education providers registered in the approved and approved (fee cap) parts of the register respectively;
the “fee loan per-credit limit” is the limit on the amount of fee loan that can be awarded per credit associated with a particular activity during a course year.
Where the course is provided by or on behalf of an approved (fee cap) provider with an access and participation plan which is in force or which comes into force when the relevant course year begins, and a high level quality rating at the time when the access and participation plan was approved, the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £9,790 / 120 credits;
for lower fee foundation year study, £5,760 / 120 credits;
for sandwich placement, £1,955 / 120 credits;
for study abroad or Turing mobility, £1,465 / 120 credits.
Where the course is provided by or on behalf of an approved (fee cap) provider with an access and participation plan which is in force or which comes into force when the relevant course year begins, but without a high level quality rating on 1st January in the calendar year in which the relevant course year begins, the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £9,525 / 120 credits;
for lower fee foundation year study, £5,605 / 120 credits;
for sandwich placement, £1,905 / 120 credits;
for study abroad or Turing mobility, £1,425 / 120 credits.
Where the course is provided by or on behalf of an approved (fee cap) provider without an access and participation plan which is in force or which comes into force when the relevant course year begins, but with a high level quality rating on 1st January in the calendar year in which the relevant course year begins, the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £6,525 / 120 credits;
for lower fee foundation year study, £3,835 / 120 credits;
for sandwich placement, £1,305 / 120 credits;
for study abroad or Turing mobility, £975 / 120 credits.
Where the course is provided by or on behalf of an approved (fee cap) provider without an access and participation plan which is in force or which comes into force when the relevant course year begins, and without a high level quality rating on 1st January in the calendar year in which the relevant course year begins, the fee loan per-credit limit is—
for normal taught study, £6,350 / 120 credits;
for higher fee foundation year study, £3,735 / 120 credits;
for sandwich placement, £1,270 / 120 credits;
for study abroad or Turing mobility, £950 / 120 credits.
Where the course is provided by or on behalf of an approved provider with a high level quality rating on 1st January in the calendar year in which the relevant course year begins, the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £6,525 / 120 credits;
for lower fee foundation year study, £3,835 / 120 credits;
for sandwich placement, £1,305 / 120 credits;
for study abroad, £975 / 120 credits.
Where the course is provided by or on behalf of an approved provider without a high level quality rating on 1st January in the calendar year in which the relevant course year begins, the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £6,350 / 120 credits;
for lower fee foundation year study, £3,735 / 120 credits;
for sandwich placement, £1,270 / 120 credits;
for study abroad, £950 / 120 credits.
Where the course is provided by a private institution in Northern Ireland or Scotland with a high level quality rating (other than on behalf of an approved (fee cap) provider, a publicly funded institution or a regulated institution), the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £6,525 / 120 credits;
for lower fee foundation year study, £3,835 / 120 credits;
for sandwich placement, £3,260 / 120 credits;
for study abroad, £3,260 / 120 credits.
Where the course is provided by a private institution in Northern Ireland or Scotland without a high level quality rating (other than on behalf of an approved (fee cap) provider, a publicly funded institution or a regulated institution), the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £6,350 / 120 credits;
for lower fee foundation year study, £3,735 / 120 credits;
for sandwich placement, £3,175 / 120 credits;
for study abroad, £3,175 / 120 credits.
Where the course is provided by a publicly-funded institution in Northern Ireland or Scotland, the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £9,790 / 120 credits;
for lower fee foundation year study, £5,760 / 120 credits
for sandwich placement, £4,895 / 120 credits;
for study abroad, £4,895 / 120 credits;
for Turing mobility in relation to Scotland, £1,465 / 120 credits.
Where the course is provided by a non-regulated institution in Wales with a high level quality rating, the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £6,525 / 120 credits;
for lower fee foundation year study, £3,835 / 120 credits;
for sandwich placement, £1,305 / 120 credits;
for study abroad, £975 / 120 credits.
Where the course is provided by a non-regulated institution in Wales without a high level quality rating, the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £6,350 / 120 credits;
for lower fee foundation year study, £3,735 / 120 credits;
for sandwich placement, £1,270 / 120 credits;
for study abroad, £950 / 120 credits.
Where the course is provided by a regulated institution in Wales, the fee loan per-credit limit is—
for normal taught study or higher fee foundation year study, £9,790 / 120 credits;
or lower fee foundation year study, £5,760 / 120 credits;
for sandwich placement, £1,955 / 120 credits;
for study abroad or Turing mobility, £1,465 / 120 credits.
The fee loan per-credit limit for repeat study is the fee loan per-credit limit for whichever activity within the course is being repeated, as valued at the time when the repeat study takes place.
A student may apply to the Secretary of State to reduce the amount of loan for which the student has applied in respect of a period of the course year for which the provider has not made a request to the Secretary of State for payment of the fee loan or fee loan instalment under regulation 87 (payment of fee loans).
In relation to sandwich placements referred to in this regulation, the Secretary of State must publish from time to time in such a manner as the Secretary of State sees fit a list of regulatory bodies that require a mandatory minimum amount of work experience to be undertaken by those whom they regulate.
Annotations
Commencement
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Reg. 34 in force at 1.9.2026, see reg. 1(1)(b)