Regulation 52 Reduction for household income – students with full entitlement under the age of 60 who meet certain conditionsI1

England and Wales

(1)

Subject to paragraphs (4) and (5), the maximum loan entitlement of an eligible student described in regulation 43(1)(c) is reduced, if applicable, by the sum of the loan reduction values “LRV1” and “LRV2”.

(2)

LRV1 is—

(a)

for a student in category A in the final year of the course, £1 for every complete £4.054 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

(b)

for a student in category A in a course year other than the final year, £1 for every complete £4.088 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

(c)

for a student in category B in the final year of the course, £1 for every complete £4.295 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

(d)

for a student in category B in a course year other than the final year, £1 for every complete £4.37 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

(e)

for a student in category C in the final year of the course, £1 for every complete £4.174 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

(f)

for a student in category C in a course year other than the final year, £1 for every complete £4.265 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

(g)

for a student in category D in the final year of the course, £1 for every complete £4.137 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

(h)

for a student in category D in a course year other than the final year, £1 for every complete £4.179 by which the student’s household income exceeds £25,000 but does not exceed £42,875.

(3)

LRV2 is—

(a)

for a student in category A, £1 for every complete £6.54 by which the student’s household income exceeds £42,875;

(b)

for a student in category B, £1 for every complete £6.36 by which the student’s household income exceeds £42,875;

(c)

for a student in category C, £1 for every complete £6.41 by which the student’s household income exceeds £42,875;

(d)

for a student in category D, £1 for every complete £6.47 by which the student’s household income exceeds £42,875.

(4)

The sum of the loan reduction values “LRV1” and “LRV2” must be applied to the elements of a student’s maximum loan entitlement in the following order—

(a)

special support loan;

(b)

loan for maintenance;

(c)

additional weeks entitlement.

(5)

The maximum loan entitlement of an eligible student must not be reduced under this regulation to less than the minimum amount.

(6)

For the purposes of paragraph (5), the minimum amount is—

(a)

for a student in category A in the final year of the course, £3,687;

(b)

for a student in category A in a course year other than the final year, £4,013;

(c)

for a student in category B in the final year of the course, £6,413;

(d)

for a student in category B in a course year other than the final year, £7,039;

(e)

for a student in category C in the final year of the course, £5,210;

(f)

for a student in category C in a course year other than the final year, £5,996;

(g)

for a student in category D in the final year of the course, £4,693;

(h)

for a student in category D in a course year other than the final year, £5,048.

Annotations

Commencement

I1: Reg. 52 in force at 1.9.2026, see reg. 1(1)(b)