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61.—(1) The maximum amount of special support grant available in respect of an academic year is—
(a)in the case of a type 1 teacher training student, £1,667;
(b)in the case of a type 2 teacher training student, £3,335;
(c)in the case of a current system student other than a type 1 or type 2 teacher training student, £3,335.
(2) A type 1 teacher training student who qualifies for a special support grant in respect of an academic year receives an amount as follows in respect of that year—
(a)where the household income is £18,360 or less, he receives £1,667;
(b)where the household income exceeds £18,360 but does not exceed £27,810, he receives an amount equal to where—
M is £1,667
A is £1 for every complete £4.55 by which the household income exceeds £18,360; and
(c)where the household income exceeds £27,810 or he opts when applying for the grant not to provide the information needed to calculate the household income, he receives £630.
(3) A type 2 teacher training student who qualifies for a special support grant in respect of an academic year receives an amount as follows in respect of that year—
(a)where the household income is £18,360 or less, he receives £3,335;
(b)where the household income exceeds £18,360 but does not exceed £27,810, he receives an amount equal to where—
M is £3,335
A is £1 for every complete £4.55 by which the household income exceeds £18,360; and
(c)where the household income exceeds £27,810 or he opts when applying for the grant not to provide the information needed to calculate the household income, he receives £1,260.
(4) A current system student other than a type 1 or type 2 teacher training student who qualifies for a special support grant in respect of an academic year receives an amount as follows in respect of that year—
(a)where the household income is £18,360 or less, he receives £3,335;
(b)where the household income exceeds £18,360 but does not exceed £27,810, he receives an amount equal to where—
M is £3,335
A is £1 for every complete £4.55 by which the household income exceeds £18,360;
(c)where the household income exceeds £27,810 but does not exceed £39,305, he receives an amount equal to where—
RM is £1,260
A is £1 for every complete £9.50 by which the household income exceeds £27,810; and
(d)where the household income exceeds £39,305, no special support grant is payable.