PART VIFINANCIAL ASSESSMENT
Calculation of contribution23
1
An eligible student’s contribution in respect of an academic year, if any, shall be the aggregate of his income for that year calculated in accordance with Part I of Schedule 3 and any contribution applicable in his case by virtue of Part II or III of that Schedule.
2
For the purposes of the exercise of the Department’s functions under the Order and Regulations made under it, it shall require an eligible student to provide from time to time such information as it considers necessary as to the income of any person whose means are relevant to the assessment of his contribution.
Application of contribution24
1
The maximum amounts of grants or loan for which an eligible student shall be eligible shall be the amounts remaining after subtracting in accordance with this regulation his contribution from the maximum amount of any –
a
grant for fees for which he is eligible under regulation 10, other than fees payable in respect of his attendance at a course –
i
at an institution which is neither maintained nor assisted by recurrent grants out of public funds other than a course referred to in regulation 11(2)(a)(i), or
ii
for the initial training of teachers referred to in paragraph 4 of Schedule 2 other than a course for a first degree;
iii
at a university or relevant institution of higher education in the Republic of Ireland unless the eligible student is eligible for grant for fees in accordance with regulation 10(8) or (9);
iv
undertaken at the Pontifical College, Maynooth, or at the Royal College of Surgeons in Ireland, which the student began to attend after 31st August 1998 and before 1st September 1999;
v
at the Union Theological College, the Edgehill College, and the Irish Baptist College, Belfast, or the Belfast Bible College, for the degrees of Bachelor of Divinity, Bachelor of Theology, Bachelor of Arts (Joint Honours) or the Diploma in Theology of the Queen’s University of Belfast;
b
bursary for which he is eligible under regulation 13;
c
grants for dependants for which he is eligible under regulations 16 and 17 except the first £50 of any grant for which he is eligible under regulation 16(7)(b);
d
loan for living costs for which he is eligible under regulation 19, other than a loan to which a maximum amount referred to in regulation 3(6) or 20(15) or (16) applies; and
e
grant for travel costs for which he is eligible under regulation 18.
2
Subject to paragraph (3), where the contribution exceeds the maximum amount of grant referred to in paragraph (1)(a) that maximum amount shall be reduced to nil, and the excess of the contribution shall be available –
a
first, to reduce or extinguish the maximum amount of grants referred to in paragraph (1)(b), if any;
b
second, to reduce or extinguish the maximum amount of loan referred to in paragraph (1)(c), if any;
c
third, to reduce or extinguish the maximum amount of grant referred to in paragraph (1)(d), if any; and
d
fourth, to reduce or extinguish the maximum amount of grant referred to in paragraph (1)(e).
3
Where –
a
regulation 11(1)(c), (e), (f) or (g) applies to the grant for fees for which the student is eligible; or
b
the student is not eligible for grant for fees in pursuance of regulation 10(7)(c),
the amount available to reduce the maximum amounts of bursary, grant or loan referred to in paragraph (1) shall be calculated in accordance with paragraph (2), but it shall be assumed, that the maximum amount of grant referred to in paragraph (1)(a) is £1,125 rather than the amount referred to in regulation 11(1)(c), (e), (f) or (g) or, in the case of a student who is not eligible for grant in pursuance of regulation 10(7)(c), rather than nil.
4
Where the contribution available to reduce the maximum amount of bursary referred to in paragraph (1)(b) exceeds that maximum amount it shall be reduced to nil, and the balance of the contribution not required to reduce the amount to nil shall be available to reduce the maximum amount of grant referred to in paragraph (1)(c).
5
Where the contribution available to reduce the maximum amount of grant referred to in paragraph (1)(c) exceeds that maximum amount it shall be reduced to nil, and the balance of the contribution not required to reduce the amount to nil shall be available to reduce the maximum amount of loan referred to in paragraph (1)(d).
6
Subject to paragraph (7) where the contribution available to reduce the maximum amount of loan referred to in paragraph (1)(d) would reduce that amount to less than the following amounts –
a
in the case of a student who resides at his parent’s home while attending the course, £1,839;
b
for a student who does not –
i
£3,604, if he attends one or more of the following –
a
a course at the University of London;
b
a course at an institution which requires attendance for at least half the time in aggregate of any quarter of the course in the academic year at a site within the area comprising the City of London and the Metropolitan Police District; or
c
a sandwich course at an institution which requires him to undertake work experience or a combination of work experience and study provided that he undertakes such work experience or combination of work experience and study for at least half the time in aggregate of any quarter of the course in the academic year at a site or sites within the area comprising the City of London and the Metropolitan Police District;
ii
if he attends for a period of at least eight weeks as part of his course an overseas institution, £3,559;
iii
if he attends the British Institute in Paris, £3,559; or
iv
otherwise, £2,674,
the maximum amount shall be reduced to that amount, and the balance of the contribution not required to reduce the amount of loan to that amount shall be available to reduce the maximum amount of grant referred to in paragraph (1)(e).
7
Where the academic year in question is the final year of a course other than an accelerated course and the contribution available to reduce the maximum amount of loan referred to in paragraph (1)(d) would reduce that amount to less than the following amounts –
a
in the case of a student who resides at his parent’s home while attending the course, £1,439;
b
for a student who does not –
i
£2, 949, if he attends one or more of the following –
a
a course at the University of London;
b
a course at an institution which requires attendance for at least half the time in aggregate of any quarter of the course in the academic year at a site within the area comprising the City of London and the Metropolitan Police District; or
c
a sandwich course at an institution which requires him to undertake work experience or a combination of work experience and study provided that he undertakes such work experience or combination of work experience and study for at least half the time in aggregate of any quarter of the course in the academic year at a site or sites within the area comprising the City of London and the Metropolitan Police District;
ii
if he attends for a period of at least eight weeks as part of his course an overseas institution, £2,924;
iii
if he attends the British Institute in Paris, £2,924; or
iv
otherwise, £2,144,
the maximum amount shall be reduced to that amount, and the balance of the contribution not required to reduce the amount of loan to that amount shall be available to reduce the maximum amount of grant referred to in paragraph (1)(e).
8
Where under regulation 20(6) or (7) different rates shall apply for different quarters of the academic year the amount to which the maximum amount shall be reduced in accordance with paragraphs (6) or (7) shall be the aggregate of the three amounts determined under paragraph (9) for the three quarters in respect of which loan is payable.
9
The amount for each quarter determined under this paragraph shall be one third of the amount referred to in paragraph (6) or (7) which corresponds to the rate applicable for the quarter.
10
Where the contribution available to reduce the maximum amount of grant referred to in paragraph (1)(e) exceeds that amount it shall be reduced to nil.