PART 5GRANTS FOR LIVING AND OTHER COSTS
CHAPTER 5GRANTS FOR TRAVEL
Amount of the grant for travel – overseas study
53. The amount of grant payable under regulation 52 in respect of an academic year is calculated as follows—
where—
X is the aggregate of the reasonable travel costs that the eligible student is obliged to incur in each qualifying quarter for the purposes set out in regulation 52.
Y is the aggregate of the expenditure incurred in each qualifying quarter specified in regulation 54.