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SCHEDULE 6FINANCIAL ASSESSMENT — PART-TIME GRANTS FOR DEPENDANTS

Household income

2.—(1) The amount of an eligible part-time student’s contribution depends on the household income.

(2) The household income is—

(a)in the case of an eligible part-time student who has a partner, the residual income of the eligible part-time student aggregated with the residual income of that student’s partner (subject to sub-paragraph (4)); or

(b)in the case of an eligible part-time student who does not have a partner, the residual income of that student.

(3) In determining the household income under sub-paragraph (2), the sum of £1,130 is deducted for each child wholly or mainly financially dependent on the eligible part-time student or that student’s partner.

(4) For the purpose of calculating the contribution payable in respect of a parent student, the residual income of the parent student’s partner must not be aggregated under paragraph (a) of sub-paragraph (2) in the case of a parent student whose child or whose partner’s child who is an eligible student holds an award in respect of which the household income is calculated with reference to the residual income of the parent student or of the parent student’s partner or of both.