General
42. 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 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 43;
(b)where the eligible student is an eligible student with full entitlement who is a 2011 cohort student, in accordance with regulation 44;
(c)where the eligible student is a student with reduced entitlement, in accordance with regulation 45.