EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations amend the Education (Student Loans) (Scotland) Regulations 2007 (“the 2007 Regulations”) to increase the maximum age at which a person may be eligible for a loan towards their maintenance as a student attending a designated course of higher education.
Regulation 2 amends regulation 3 (eligible students) of the 2007 Regulations to alter one of the requirements that determine eligibility of a student for a maintenance loan.
From 8th October 2016, to be eligible for a maintenance loan, a person must be under the age of 60 on the first day of the first academic year of the course. This replaces the requirement that the person must be either under the age of 50 or aged 50 to 54 and able to satisfy the Scottish Ministers that they intend to enter employment after the completion of the course.
The other requirements for eligibility in regulation 3 of the 2007 Regulations remain.
No business and regulatory impact assessment has been prepared for these Regulations as no impact upon business, charities or voluntary bodies is foreseen.