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SCHEDULES

SCHEDULE 3Calculation of income

PART 4Residual income

CHAPTER 2Residual income of persons other than an eligible student

Persons to whom this chapter applies

13.  This Chapter makes provision for the calculation of a person’s (“P’s”) residual income where P means the following—

(a)where P’s income is aggregated under Step 1 in paragraph 3(1) for the purpose of calculating an eligible student’s household income—

(i)the parent of the eligible student,

(ii)the eligible student’s partner, or

(iii)the eligible student’s parent’s partner,

as the case may be;

(b)the adult dependant of an eligible student for the purposes of calculating the amount of grant for dependants payable to the student (see regulation 77).