The Assembly Learning Grants and Loans (Higher Education) (Wales) Regulations 2006

Maximum amount of loans for new system eligible students with full entitlement

33.—(1) This regulation applies to a new system eligible student with full entitlement other than a type 1 or type 2 teacher training student with a household income exceeding £37,900.

(2) Subject to regulations 36 to 41, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year (other than a final year of a course that is not an accelerated course) is equal to (X−Y)—

• Where

• X is—

  (i)

  for a student in category 1, £3,415;

  (ii)

  for a student in category 2, £6,170;

  (iii)

  for a student in category 3, £5,255;

  (iv)

  for a student in category 4, £5,255;

  (v)

  for a student in category 5, £4,405;

• Y is the maintenance grant amount.

(3) Subject to regulations 36 to 41, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an accelerated course is equal to (X−Y)—

• Where

• X is—

  (i)

  for a student in category 1, £3,085;

  (ii)

  for a student in category 2, £5,620;

  (iii)

  for a student in category 3, £4,570;

  (iv)

  for a student in category 4, £4,570;

  (v)

  for a student in category 5, £4,080;

• Y is the maintenance grant amount.

(4) In this regulation, “the maintenance grant amount”(“swm y grant cynhaliaeth”) is—

(a) where the student qualifies under regulation 29 for an amount of maintenance grant not exceeding £1,200, the amount of maintenance grant payable;

(b) where the student qualifies under regulation 29 for an amount of maintenance grant exceeding £1,200, £1,200; and

(c) where no maintenance grant is payable, nil.