The Education (Student Support) (Wales) Regulations 2015

Maximum amount of loans for new system eligible students with full entitlement who are not new cohort students

46.—(1) This regulation applies to a new system eligible student with full entitlement who is not a new cohort student (other than a type 1 or type 2 teacher training student whose contribution exceeds nil).

(2) Subject to regulations 51 to 56, 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 intensive course is equal to (X-Y) where—

X is, for such a student in—

(i) category 1, £4,162;

(ii) category 2, £7,532;

(iii) category 3, £6,410;

(iv) category 4, £6,410;

(v) category 5, £5,376;

Y is the maintenance grant amount.

(3) Subject to regulations 51 to 56, 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 intensive course is equal to (X-Y) where—

X is, for such a student in—

(i) category 1, £3,767;

(ii) category 2, £6,858;

(iii) category 3, £5,575;

(iv) category 4, £5,575;

(v) category 5, £4,980;

Y is the maintenance grant amount.

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

(a) where the new system eligible student referred to in paragraph (1) qualifies under regulation 37 for an amount of maintenance grant not exceeding £1,329, the amount of maintenance grant payable;

(b) where the new system eligible student referred to in paragraph (1) qualifies under regulation 37 for an amount of maintenance grant exceeding £1,329, £1,329; and

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