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32.—(1) The amount of grant payable under regulation 31 (1) in respect of an academic year is equal to the reasonable expenditure that the National Assembly determines the eligible student is obliged to incur for the purposes set out in that regulation less £290.
(2) The amount of grant payable under regulation 31 (2) in respect of an academic year is the aggregate of the travel expenses that the eligible student is obliged to incur in each qualifying quarter less £290.
(3) An eligible student who—
(a)qualifies for a grant under regulation 31(2); and
(b)reasonably incurs any expenditure in insuring against liability for the cost of medical treatment provided outside the United Kingdom for any illness or bodily injury contracted or suffered during the period he or she is attending the overseas institution or the University of London Institute in Paris,
qualifies for additional grant under this regulation equal to the amount incurred.
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