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15.—(1) An eligible student qualifies for a loan for fees in connection with the student’s attendance on a designated course under this Part provided that the student is not excluded from qualification by the following paragraph, regulation 6 or regulation 7.
(2) An eligible student does not qualify for a loan for fees in respect of an academic year if—
(a)in relation to that year he or she is eligible to receive any payment under a healthcare bursary the amount of which is calculated by reference to his or her income;
(b)in relation to that year he or she is eligible to receive a Scottish healthcare allowance the amount of which is calculated by reference to his or her income;
(c)he or she is participating in the action scheme of the European Community for the mobility of university students known as ERASMUS(1) and—
(i)his or her course is a course referred to in regulation 5(1)(d); and
(ii)all the periods of study during the academic year are at an institution outside the United Kingdom; or
(d)he or she is undertaking a flexible postgraduate ITT course.
ERASMUS is part of the European Community action programme SOCRATES; OJ No L28, 3.2.2000, p1.