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PART 9FINANCIAL ASSESSMENT

Calculation of contribution

45.—(1) An eligible student’s contribution in respect of an academic year is the amount, if any, calculated under Schedule 4.

(2) For the purposes of the exercise of the National Assembly’s functions under the Act and regulations made under it, the National Assembly may 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 the student’s contribution.

Application of contribution

46.—(1) Subject to paragraphs (2) and (3), an amount equal to the contribution calculated under Schedule 4 must be applied until it is extinguished against the amount of the particular grants and loans for which the eligible student qualifies as follows—

(a)first, to reduce GFF;

(b)second, to reduce ADG;

(c)third, to reduce CCG;

(d)fourth, to reduce PLA;

(e)fifth, to reduce LLC to no less than the minimum level for the academic year;

(f)sixth, to reduce GFT.

(2) In the case of an old system eligible student—

(a) where the grant for fees is calculated in accordance with regulation 13(1) and 14(1),

(i)GFF is £1,200; and

(ii)The amount of grant for fees payable is the amount left after deducting the contribution from GFF;

(b)where regulation 13(2)(a) or (c) applies or the corresponding circumstances under regulation 14(3) apply—

(i)GFF is £600; and

(ii)the amount of grant for fees payable is the amount left after deducting the contribution from GFF;

(c)where regulation 13(2)(b), (d) or (e) applies or the corresponding circumstances under regulation 14(3) apply—

(i)GFF is £600; and

(ii)the contribution is reduced by £600 before it is applied against GFF;

(d)where the grant for fees is calculated in accordance with regulation 14(1), 14(4), 14(5) or 14(6);

(i)GFF is nil;

(ii)there is no reduction in the amount of grant for fees calculated under regulation 14; and

(iii)the contribution is applied first to reduce ADG;

(e)where the designated course is a course for the initial training of teachers (other than a course for a first degree)—

(i)GFF is nil;

(ii)There is no reduction in the amount of grant for fees calculated under regulations 13 and 14; and

(iii)The contribution is first applied to reduce ADG;

(f)Where the student does not qualify for a grant for fees in respect of the academic year by virtue of participating in the ERASMUS programme—

(i)GFF is nil;

(ii)the contribution is reduced by £1,200; and

(iii)the contribution is applied first to reduce ADG;

(g)where the student does not qualify for a grant for fees for any other reason, GFF is nil and the contribution is applied first to reduce ADG.

(3) In the case of a new system eligible student, GFF is nil and the contribution is applied first to reduce ADG.

(4) In this regulation—

(a)ADG is the amount, if any, of the adult dependants' grant calculated in accordance with regulation 22;

(b)CCG is the amount, if any, of the childcare grant calculated in accordance with regulation 23;

(c)PLA is the amount, if any, of the parents' learning allowance calculated under regulation 24 (except the first £50 of the allowance);

(d)LLC is the amount of loan for living costs, if any, for which the eligible student other than a student with reduced entitlement qualifies under Part 7;

(e)GFT is the amount of the grant for travel for which the eligible student qualifies under regulation 27, if any;

(5) Subject to paragraphs (6) and (7), the “minimum level for the academic year” (“lefel isaf am y flwyddyn academaidd”) is—

(a)£2,560, in the case of a student in category 1;

(b)£4,630, in the case of a student in category 2;

(c)£3,940, in the case of a student in category 3;

(d)£3,940, in the case of a student in category 4;

(e)£3,305, in the case of a student in category 5;

(6) Subject to paragraph (7), where the academic year in question is the final year of a course other than an accelerated course, the “minimum level for the academic year” is—

(a)£2,315, in the case of a student in category 1;

(b)£4,215, in the case of a student in category 2;

(c)£3,430, in the case of a student in category 3;

(d)£3,430, in the case of a student in category 4;

(e)£3,060, in the case of a student in category 5.

(7) Where under regulation 38 different categories apply for different quarters of the academic year, the minimum levels in paragraphs (5) and (6) are the aggregate of the amounts determined under paragraph (8) for each of the three quarters in respect of which a loan is payable.

(8) The amount determined for each quarter under this paragraph is one third of the amount in paragraph (5) or (6) which corresponds to the rate applicable for the quarter.

(9) The loan for living costs payable in respect of an academic year to a type 1 teacher training student who has a household income exceeding £37,900 is the amount left after deducting £600 from the amount of loan for living costs left after applying the contribution in accordance with this regulation.

(10) The loan for living costs payable in respect of an academic year to a type 2 teacher training student who has a household income exceeding £37,900 is the amount left after deducting £1,200 from the amount of loan for living costs left after applying the contribution in accordance with this regulation.

(11) Categories 1 to 5 have the meaning given in regulation 42.