The Assembly Learning Grants and Loans (Higher Education) (Wales) Regulations 2011 No. 148 (W. 32)

PART 6 LOANS FOR LIVING COSTS

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

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

(2) Subject to regulations 53 to 58, 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, for such a student in—

(i)

category 1, £3,673;

(ii)

category 2, £6,648;

(iii)

category 3, £5,658;

(iv)

category 4, £5,658;

(v)

category 5, £4,745;

Y is the maintenance grant amount.

(3) Subject to regulations 53 to 58, 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, for such a student in—

(i)

category 1, £3,324;

(ii)

category 2, £6,053;

(iii)

category 3, £4,920;

(iv)

category 4, £4,920;

(v)

category 5, £4,396;

Y is the maintenance grant amount.

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

(a) where the new system eligible student referred to in paragraph (1) qualifies under regulation 39 for an amount of maintenance grant, the amount that is equal to £0.60 for every £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.