General
50. The maximum amount of loan for living costs in respect of an academic year is calculated as follows—
(a)where the eligible student is an old system eligible student with full entitlement, in accordance with regulation 51;
(b)where the eligible student is a new system eligible student with full entitlement who is not a new cohort student, in accordance with regulations 52 and 53;
(c)where the eligible student is a new system eligible student with full entitlement who is a 2010 cohort student, a 2012 cohort student or a 2012 accelerated graduate entry student who is undertaking their first year of study, in accordance with regulation 54;
(d)where the eligible student is a new system eligible student with full entitlement who is a 2011 cohort student, in accordance with regulation 55;
(e)where the eligible student is a student with reduced entitlement, in accordance with regulation 56.