The Assembly Learning Grants and Loans (Higher Education) (Wales) Regulations 2011

Maintenance grant — new system eligible students who are 2011 cohort students

40.—(1) The maximum amount of maintenance grant available to a new system eligible student who is a 2011 cohort student in respect of an academic year is £5,600.

(2) A new system eligible student who is a 2011 cohort student and who qualifies for a maintenance grant in respect of an academic year receives an amount as follows in respect of that year—

(a) where the household income is £18,370 or less, the eligible student receives £5,600;

(b) where the household income exceeds £18,370 but does not exceed £26,500, the eligible student receives an amount equal to M − A, where M is £5,600 and A is £1 for every £3.77 by which the household income exceeds £18,370;

(c) where the household income exceeds £26,500 but does not exceed £34,000, the eligible student receives an amount equal to RM − A, where RM is £3,444 and A is £1 for every £4.315 by which the household income exceeds £26,500;

(d) where the household income exceeds £34,000 but does not exceed £50,020, the eligible student receives an amount equal to SM − A, where SM is £1,706 and A is £1 for every £9.67 by which the household income exceeds £34,000;

(e) where the household income is £50,020, the eligible student receives £50;

(f) where the household income exceeds £50,020, no maintenance grant is payable.