2003 No. 1647
EDUCATION, ENGLAND AND WALES

The Education (Student Loans) (Amendment) (England and Wales) Regulations 2003

Made
Laid before Parliament
Coming into force
In exercise of the powers conferred by section 1(2) and (7) of and paragraph 1 of Schedule 2 to the Education (Student Loans) Act 19901, the Secretary of State for Education and Skills hereby makes the following Regulations:–

Citation, commencement and application1.

(1)

These Regulations may be cited as the Education (Student Loans) (Amendment) (England and Wales) Regulations 2003 and shall come into force on 1st August 2003.

(2)

These Regulations do not apply in or as regards Scotland 2.

Amendments2.

(1)

The Education (Student Loans) Regulations 19983 shall be amended as follows.

(2)

In regulation 6(1) to (4) for each of the figures in the first column below wherever it appears there shall be substituted the corresponding figure in the second column below:

First column

Second Column

1,075

1,100

1,725

1,765

1,465

1,500

2,365

2,420

1,400

1,430

1,915

1,960

Alan Johnson
Minister of State,
Department of Education and Skills
(This note is not part of the Regulations)

These Regulations which come into force on 1st August 2003 amend the Education (Student Loans) Regulations 1998 which govern mortgage style repayment loans made under the Education (Student Loans) Act 1990, to students who, for the most part, began their courses before 1st August 1998.

These Regulations increase the maximum amounts which may be lent to students in relation to an academic year in line with inflation.