60.—(1) An old system student qualifies in accordance with this regulation for a higher education grant in connection with his attendance on a designated course to defray the cost of books, equipment, travel or childcare incurred for the purpose of attending that course.
(2) An old system student does not qualify for a higher education grant unless he began the specified designated course on or after 1st September 2004.
(3) If an old system student does not qualify for a grant for fees in respect of an academic year of the designated course, he cannot qualify for a higher education grant for that year unless the reason that he does not qualify for a grant for fees is because—
(a)the year is an Erasmus year; or
(b)the designated course is a flexible postgraduate course for the initial training of teachers.
61.—(1) The maximum amount of higher education grant available in respect of an academic year is £1,000.
(2) An old system student who qualifies for a higher education grant receives an amount as follows—
(a)where the household income is £16,340 or less, he receives £1,000;
(b)where the household income exceeds £16,340 and does not exceed £22,325, he receives an amount equal to where—
M is £1,000
A is £1 for every complete £6.30 by which the household income exceeds £16,340; and
(c)where the household income exceeds £22,325, no higher education grant is payable.