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42.—(1) Subject to regulations 43 to 48, the maximum amount of loan for living costs for which a student with reduced entitlement qualifies in respect of an academic year of a course (other than the final year of a course than is not an accelerated course) is —
(a)where the student falls within regulation 23(3)(a) or 23(3)(b) —
(i)for a student in category 1, £1,660;
(ii)for a student in category 2, £3,105;
(iii)for a student in category 3, £2,210;
(iv)for a student in category 4, £2,210;
(v)for a student in category 5, £2,210;
(b)where the student falls within regulation 23(3)(c) or 23(5) —
(i)for a student in category 1, £1,660;
(ii)for a student in category 2, £3,105;
(iii)for a student in category 3, £2,645;
(iv)for a student in category 4, £2,645;
(v)for a student in category 5, £2,210;
(c)where the student applies for a loan for living costs and opts not to provide the information needed to calculate the household income an amount equal to
X - Y
where —
X is —
for a student in category 1, £2,620;
for a student in category 2, £4,740;
for a student in category 3, £4,035;
for a student in category 4, £4,035;
for a student in category 5, £3,385;
Y is the amount specified in paragraph (d).
(d)the specified amount is —
(i)£610 where the student is a type 1 teacher training student who opts not to provide the information needed to calculate the household income when applying for a maintenance grant and who qualifies for a maintenance grant of £610;
(ii)£1,225 where the student is a type 2 teacher training student who opts not to provide the information needed to calculate the household income when applying for a maintenance grant and who qualifies for a maintenance grant of £1,225;
(iii)nil where the student is not a type 1 or type 2 teacher training student.
(2) Subject to regulations 43 to 48, the maximum amount of loan for living costs for which a student with reduced entitlement qualifies in respect of an academic year that is the final year of a course that is not an accelerated course is —
(a)where the student falls within regulation 23(3)(a) or 23(3)(b) —
(i)for a student in category 1, £1,260;
(ii)for a student in category 2, £2,375;
(iii)for a student in category 3, £1,720;
(iv)for a student in category 4, £1,720;
(v)for a student in category 5, £1,720;
(b)where the student falls within regulation 23(3)(c) or 23(5) —
(i)for a student in category 1, £1,260;
(ii)for a student in category 2, £2,375;
(iii)for a student in category 3, £1,930;
(iv)for a student in category 4, £1,930;
(v)for a student in category 5, £1,720;
(c)where the student applies for a loan for living costs and opts not to provide the information needed to calculate the household income an amount equal to
X - Y
where —
X is—
for a student in category 1, £2,370;
for a student in category 2, £4,315;
for a student in category 3, £3,510;
for a student in category 4, £3,510;
for a student in category 5, £3,135;
Y is the amount specified in paragraph (d).
(d)the specified amount is—
(i)£ 610 where the student is a type 1 teacher training student who opts not to provide the information needed to calculate the household income when applying for a maintenance grant and who qualifies for a maintenance grant of £ 610;
(ii)£ 1,225 where the student is a type 2 teacher training student who opts not to provide the information needed to calculate the household income when applying for a maintenance grant and who qualifies for a maintenance grant of £ 1,225;
(iii)nil where the student is not a type 1 or type 2 teacher training student.
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