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9.—(1) In relation to an eligible student who is a new system eligible student, the contribution payable is—
(a)in any case where the household income exceeds £37,900, £1 for every complete £9.50 by which the household income exceeds £37,900; and
(b)in any case where the household income is £37,900 or less, nil.
(2) The contribution must not in any case exceed £7,430.
(3) Where sub-paragraph (4) applies, the aggregate contributions must not exceed—
(a)£7,430; or
(b)the contribution which would have been payable if only one eligible student held an award.
(4) This sub-paragraph applies where a contribution is payable in relation to—
(a)two or more old system eligible students in respect of the same income under paragraph 5 or, where the relevant parent’s partner’s residual income is taken into account, under paragraph 5 and 7; or
(b)two or more independent eligible students who are each with a partner in respect of the same household income.