The Education (Student Support) (No.2) Regulations 2008

2008 cohort students with full entitlement

68.—(1) This regulation applies to a 2008 cohort student with full entitlement.

(2) Subject to Chapter 4 of this Part, 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 the final year of a course that is not an intensive course is equal to where—

• X is—

  (i)

  for a student in category A, £3,673;

  (ii)

  for a student in category B, £6,643;

  (iii)

  for a student in category C, £5,653;

  (iv)

  for a student in category D, £4,745;

• Y is the maintenance grant amount;

• Subject to paragraph (4), Z is £1 for every complete £9.27 by which the household income exceeds £61,062.

(3) Subject to Chapter 4 of this Part, 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 where—

• X is—

  (i)

  for a student in category A, £3,319;

  (ii)

  for a student in category B, £6,048;

  (iii)

  for a student in category C, £4,915;

  (iv)

  for a student in category D, £4,391;

• Y is the maintenance grant amount;

• Subject to paragraph (4), Z is £1 for every complete £9.27 by which the household income exceeds £61,062.

(4) Where the same household income is used to assess the amount of a statutory award for which two or more persons qualify, Z in paragraphs (2) and (3) must be divided by the number of such persons before being deducted from X.

(5) Where the maximum amount of loan for living costs calculated in accordance with this regulation is less than the minimum level for the academic year specified in regulations 101, the minimum level for the academic year is payable.