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53.—(1) Subject to paragraph (3), an old system student who qualifies for a grant for fees under regulation 21 and who satisfies the requirements set out in paragraph (4) qualifies for a higher education bursary in accordance with his attendance on a designated course.
(2) If an old system student does not qualify for a grant for fees in respect of an academic year of the designated course, he cannot qualify for a higher education bursary for that year unless the reason that he does not qualify for a grant for fees is because—
(a)the year is an Erasmus year; or
(b)the designated course is a flexible postgraduate course for the initial training of teachers.
(3) The amount of bursary payable in respect of any academic year shall be determined by reference to the household income ascertained under paragraph 3 of Schedule 4 in accordance with the following table—
| Residual Income (£) | Bursary (£) |
|---|---|
| Up to 10,750 | 2,000 |
| 10,751 to 11,000 | 1,955 |
| 11,001 to 12,000 | 1,765 |
| 12,001 to 13,000 | 1,580 |
| 13,001 to 14,000 | 1,395 |
| 14,001 to 15,000 | 1,210 |
| 15,001 to 16,000 | 1,025 |
| 16,001 to 17,000 | 880 |
| 17,001 to 18,000 | 710 |
| 18,001 to 19,000 | 555 |
| 19,001 to 20,000 | >400 |
| 20,001 to 21,000 | 245 |
| 21,001 to 21,500 | 165 |
| 21,501 and over | 0 |
(4) The requirements are that, subject to paragraph (6)—
(a)he is under the age of 60 on the relevant date; and
(b)he does not have an honours degree from an institution in the United Kingdom or the Republic of Ireland for which he received financial support under previous regulations.
(5) The condition in paragraph (4)(b) does not apply where—
(a)the designated course is considered to be a single course under regulation 5(5) and (6);
(b)the designated course leads to qualification as a social worker;
(c)the old system student is eligible to receive any bursary or award of similar description under Article 44 of the Health and Personal Social Services (Northern Ireland) Order 1972, or section 63 of the Health Services and Public Health Act 1968 the amount of which is calculated by reference to his income; or a Scottish healthcare allowance the amount of which is calculated by reference to his income in respect of any academic year of the course; or
(d)the old system student is on a course for the initial training of teachers.
(6) A old system student does not qualify for a higher education bursary if—
(a)he is in receipt of funding from the Department to participate in a management development programme known as the Business Education Initiative; or
(b)the only paragraph in Part 2 of Schedule 1 into which he falls is paragraph 9.
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