The Assembly Learning Grants and Loans (Higher Education) (Wales) Regulations 2009 No. 2737 (W. 235)

PART 6 LOANS FOR LIVING COSTS

Maximum amount of loans for new system eligible students with full entitlement who are 2010 cohort students

48.—(1) This regulation applies to a new system eligible student with full entitlement who is a 2010 cohort student.

(2) Subject to regulations 50 to 55, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than a final year of a course that is not an intensive course is equal to (X−Y) where–

• X is—

  (i)

  for a student in category 1, £3,673;

  (ii)

  for a student in category 2, £6,648;

  (iii)

  for a student in category 3, £5,658;

  (iv)

  for a student in category 4, £5,658;

  (v)

  for a student in category 5, £4,745.

• Y is the maintenance grant amount.

(3) Subject to regulations 50 to 55, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is equal to (X−Y) where–

• X is—

  (i)

  for a student in category 1, £3,324;

  (ii)

  for a student in category 2, £6,053;

  (iii)

  for a student in category 3, £4,920;

  (iv)

  for a student in category 4, £4,920;

  (v)

  for a student in category 5, £4,396.

• Y is the maintenance grant amount.

(4) In this regulation, “the maintenance grant amount” (“y swm grant cynhaliaeth”) is—

(a) where the student qualifies under regulation 39 for an amount of maintenance grant, the amount that is equal to £0.60 for every complete £1 of maintenance grant for which that student qualifies, up to a maximum value for Y of £2,844;

(b) where no maintenance grant is payable under regulation 39, nil.