SCHEDULE 6FINANCIAL ASSESSMENT – PART-TIME GRANTS FOR DEPENDANTS

Calculation of contribution5

1

The contribution payable in relation to an eligible part-time student is—

a

in any case where the household income exceeds £39,793, £1 for every £9.27 by which the household income exceeds £39,793; and

b

in any case where the household income is £39,793 or less, nil.

2

The contribution must not in any case exceed £6,208.

3

The contribution may be adjusted in accordance with paragraph 6.

4

Where sub-paragraph (5) applies, the aggregate contributions must not exceed £6,208.

5

This sub-paragraph applies where the household income consists of the residual income of an eligible part-time student and the eligible part-time student’s partner where both hold a statutory award.