Part VI Financial Assessment

23 Calculation of contribution
1 An eligible student’s contribution in respect of an academic year, if any, shall be the aggregate of his income for that year calculated in accordance with Part I of Schedule 3 and any contribution applicable in his case by virtue of Part II or III of that Schedule.
2 For the purposes of the exercise of the Department’s functions under the Order and regulations made under it, it shall require an eligible student to provide from time to time such information as it considers necessary as to the income of any person whose means are relevant to the assessment of his contribution.

24 Application of contribution
1 The maximum amounts of grants or loans for which an eligible student shall be eligible shall be the amounts remaining after subtracting in accordance with this regulation his contribution from the maximum amount of any—
(a) grant for fees for which he is eligible under regulation 10, other than fees payable in respect of his attendance at a course—
(i) at an institution which is neither maintained nor assisted by recurrent grants out of public funds other than a course referred to in regulation 11(2)(a)(i), or
(ii) for the initial training of teachers referred to in paragraph 4 of Schedule 2 other than a course for a first degree;
(iii) at a university or relevant institution of higher education in the Republic of Ireland unless the eligible student is eligible for grant for fees in accordance with Regulation 10(8) or (9);
(iv) undertaken at the Pontifical College, Maynooth, or at the Royal College of Surgeons in Ireland, which the student began to attend after 31st August 1998 and before 1st September 1999;
(v) at the Union Theological College, the Edgehill College, and the Irish Baptist College, Belfast, or the Belfast Bible College, for the degrees of Bachelor of Divinity, Bachelor of Theology or the Diploma in Theology of the Queen’s University of Belfast;
(b) grant for dependants for which he is eligible under regulations 15 and 16;
(c) loan for living costs for which he is eligible under regulation 19, other than a loan to which a maximum amount referred to in regulation 3(7) or 20(12) or (13) applies;
(d) grant for travel costs for which he is eligible under regulation 18.
2 Where the contribution exceeds the maximum amount of grant referred to in paragraph (1)(a) the maximum amount shall be reduced to nil, and the balance of the contribution not required to reduce the amount to nil shall be available to reduce the maximum amount of grant referred to in paragraph (1)(b).
3 Where—
(a) regulation 11(1)(c), (e), (f) or (g) applies to the grant for fees for which the student is eligible; or
(b) the student is not eligible for grant for fees in pursuance of regulation 10(7)(c),
the amount available to reduce the maximum amount of grant referred to in paragraph (1)(b) shall be calculated in accordance with paragraph (2), but it shall be assumed, that the maximum amount of grant referred to in paragraph (1)(a) is £1,075 rather than the amount referred to in regulation 11(1)(c), (e), (f) or (g) or, in the case of a student who is not eligible for grant in pursuance of regulation 10(7)(c), rather than nothing.
4 Where the contribution available to reduce the maximum amount of grant referred to in paragraph (1)(b) exceeds that maximum amount it shall be reduced to nil, and the balance of the contribution not required to reduce the amount to nil shall be available to reduce the maximum amount of loan referred to in paragraph (1)(c).
5 Subject to paragraph (6) where the contribution available to reduce the maximum amount of loan referred to in paragraph (1)(c) would reduce that amount to less than the following amounts—
(a) in the case of a student who resides at his parent’s home while attending the course, £2,265;
(b) for a student who does not—
(i) if he attends a course provided at the University of London or at an institution within the area comprising the City of London and the Metropolitan Police District, £3,525;
(ii) if he attends for a period of at least eight weeks and as a necessary part of his course an overseas institution in a high cost country, £3,495 or in a higher cost country, £4,150, and if he attends the British Institute in Paris, the amount for France;
(iii) otherwise, £2,860,
the maximum amount shall be reduced to that amount, and the balance of the contribution not required to reduce the amount of loan to that amount shall be available to reduce the maximum amount of grant referred to in paragraph (1)(d).
6 Where, the academic year in question is the final year of a course other than an accelerated course and the contribution available to reduce the maximum amount of loan referred to in paragraph (1)(c) would reduce that amount to less than the following amounts—
(a) in the case of a student who resides at his parent’s home while attending the course, £1,975;
(b) for a student who does not—
(i) if he attends a course provided at the University of London or at an institution within the area comprising the City of London and the Metropolitan Police District, £3,055;
(ii) if he attends for a period of at least eight weeks and as a necessary part of his course an overseas institution in a high cost country, £3,040 or in a higher cost country, £3,615, and if he attends the British Institute in Paris, the amount for France;
(iii) otherwise, £2,485,
the maximum amount shall be reduced to that amount, and the balance of the contribution not required to reduce the amount of loan to that amount shall be available to reduce the maximum amount of grant referred to in paragraph (1)(d).
7 Where under regulation 20(6) the Department determines that different rates shall apply for different quarters of the academic year the amount to which the maximum amount shall be reduced in accordance with paragraphs (5) or (6) shall be the aggregate of the three amounts determined under paragraph (8) for the three quarters in respect of which loan is payable.
8 The amount for each quarter determined under this paragraph shall be one third of the amount referred to in paragraph (5) or (6) which corresponds to the rate which the Department has determined shall be applicable for the quarter.
9 Where, the contribution available to reduce the maximum amount of grant referred to in paragraph (1)(d) exceeds that amount it shall be reduced to nil.