PART 6LOANS FOR LIVING COSTS

CHAPTER 2MAXIMUM AMOUNTS OF LOANS

General71

1

The maximum amount of a loan for living costs in respect of an academic year is calculated as follows—

F44a

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b

where the eligible student is a 2009 cohort student with full entitlement, in accordance with regulation 74 or 75;

c

where the eligible student is a 2012 cohort student with full entitlement, in accordance with regulation 76;

d

where the eligible student is a current system student F2(other than a F43... 2009, 2012 or 2016 cohort student) with full entitlement, in accordance with regulation 77 or 78;

F35e

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

f

where the eligible student is a student with reduced entitlement, in accordance with regulation 80 F3;

F4g

in accordance with regulation 80A where the eligible student—

i

is a 2016 cohort student with full entitlement;

ii

is under the age of 60 on the relevant date; and

iii

does not meet the condition in sub-paragraph (h)(iii);

h

in accordance with regulation 80B where the eligible student—

i

is a 2016 cohort student with full entitlement;

ii

is under the age of 60 on the relevant date; and

iii

would qualify for a special support grant but for regulation 61(A1);

i

in accordance with regulation 80C where the eligible student—

i

is a 2016 cohort student with full entitlement; and

ii

is not under the age of 60 on the relevant date.

F342

This Chapter is subject to regulations 139B(4) to (6) and 139C(3) to (5).

2008 cohort students with full entitlement F5...F4572

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Type 1 and type 2 teacher training students who are 2008 cohort studentsF673

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F72009 cohort students with full entitlement ...74

1

This regulation applies to a 2009 cohort student with full entitlement F8....

2

Subject to Chapter 4 of this Part and paragraph (5), where the student's household income exceeds £50,778, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than the final year of a course that is not an intensive course is equal toX−Ymath where—

  • X is—

    1. i

      for a student in category A, F60£4,856;

    2. ii

      for a student in category B, F61£8,764;

    3. iii

      for a student in category C, F62£7,455;

    4. iv

      for a student in category D, F63£6,263;

  • Subject to paragraph (4), Y is £1 for every complete F46£4.01 by which the household income exceeds £50,778.

3

Subject to Chapter 4 of this Part and paragraph (5), where the student's household income exceeds £50,778, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is equal toX−Ymath where—

X is—

  1. i

    for a student in category A, F64£4,405;

  2. ii

    for a student in category B, F65£7,979;

  3. iii

    for a student in category C, F66£6,483;

  4. iv

    for a student in category D, F67£5,795;

Subject to paragraph (4), Y is £1 for every complete F47£4.01 by which the household income exceeds £50,778.X−Ymath where—

4

Where the same household income is used to assess the amount of a statutory award for which two or more persons qualify, Y in paragraphs (2) and (3) must be divided by the number of such persons before being deducted from X.

5

Where the maximum amount of loan for living costs is calculated in accordance with paragraph (2) or (3) and is less than the minimum level for the academic year specified in regulation 105, the minimum level for the academic year is payable.

6

Subject to Chapter 4 of this Part, where the student's household income exceeds F48£50,724 but does not exceed £50,778, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than the final year of a course that is not an intensive course is—

a

for a student in category A, F49£4,856;

b

for a student in category B, F50£8,764;

c

for a student in category C, F51£7,455;

d

for a student in category D, F52£6,263.

7

Subject to Chapter 4 of this Part, where the student's household income exceeds F53£50,724 but does not exceed £50,778, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is—

a

for a student in category A, F54£4,405;

b

for a student in category B, F55£7,979;

c

for a student in category C, F56£6,483;

d

for a student in category D, F57£5,795.

8

Subject to Chapter 4 of this Part, where the student's household income is F58£50,724 or less, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than the final year of a course that is not an intensive course is equal to X–Y where—

  • X is—

    1. i

      for a student in category A, F68£4,856;

    2. ii

      for a student in category B, F69£8,764;

    3. iii

      for a student in category C, F70£7,455;

    4. iv

      for a student in category D, F71£6,263;

  • Y is the maintenance grant amount.

9

Subject to Chapter 4 of this Part, where the student's household income is F59£50,724 or less, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is equal toX−Ymath where—

  • X is—

    1. i

      for a student in category A, F72£4,405;

    2. ii

      for a student in category B, F73£7,979;

    3. iii

      for a student in category C, F74£6,483;

    4. iv

      for a student in category D, F75£5,795;

  • Y is the maintenance grant amount.

10

In this regulation, the “maintenance grant amount” is—

a

where the student F9... qualifies under Chapter 6 of Part 5 for a maintenance grant, half the amount of the maintenance grant payable; F10and

F11b

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c

where no maintenance grant is payable, nil.

Type 1 and type 2 teacher training students who are 2009 cohort studentsF1275

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2012 cohort students with full entitlement76

1

This regulation applies to a 2012 cohort student with full entitlement.

2

Subject to Chapter 4 of this Part and paragraph (5), where the student's household income exceeds £42,875 the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than the final year of a course that is not an intensive course is equal toX−Ymath where—

  • X is—

    1. i

      for a student in category A, F91£5,534;

    2. ii

      for a student in category B, F92£9,708;

    3. iii

      for a student in category C, F93£8,267;

    4. iv

      for a student in category D, F94£6,958;

  • Subject to paragraph (4), Y is £1 for every complete F77£7.93 by which the household income exceeds £42,875.

3

Subject to Chapter 4 of this Part and paragraph (5), where the student's household income exceeds £42,875, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is equal toX−Ymath where—

  • X is—

    1. i

      for a student in category A, F95£5,084;

    2. ii

      for a student in category B, F96£8,842;

    3. iii

      for a student in category C, F97£7,185;

    4. iv

      for a student in category D, F98£6,470;

  • Subject to paragraph (4), Y is £1 for every complete F78£7.93 by which the household income exceeds £42,875.

4

Where the same household income is used to assess the amount of a statutory award for which two or more persons qualify, Y in paragraphs (2) and (3) must be divided by the number of such persons before being deducted from X.

5

Where the maximum amount of loan for living costs is calculated in accordance with paragraph (2) or (3) and is less than the minimum level for the academic year specified in regulation 105, the minimum level for the academic year is payable.

6

Subject to Chapter 4 of this Part, where the student's household income exceeds F79£42,737 but does not exceed £42,875, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than the final year of a course that is not an intensive course is—

a

for a student in category A, F80£5,534;

b

for a student in category B, F81£9,708;

c

for a student in category C, F82£8,267;

d

for a student in category D, F83£6,958.

7

Subject to Chapter 4 of this Part, where the student's household income exceeds F84£42,737 but does not exceed £42,875 the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is—

a

for a student in category A, F85£5,084;

b

for a student in category B, F86£8,842;

c

for a student in category C, F87£7,185;

d

for a student in category D, F88£6,470.

8

Subject to Chapter 4 of this Part, where the student's household income is F89£42,737 or less, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than the final year of a course that is not an intensive course is equal toX−Ymath where—

  • X is—

    1. i

      for a student in category A, F99£5,534;

    2. ii

      for a student in category B, F100£9,708;

    3. iii

      for a student in category C, F101£8,267;

    4. iv

      for a student in category D, F102£6,958;

  • Y is the maintenance grant amount.

9

Subject to Chapter 4 of this Part, where the student's household income is F90£42,737 or less, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is equal toX−Ymath where—

  • X is—

    1. i

      for a student in category A, F103£5,084;

    2. ii

      for a student in category B, F104£8,842;

    3. iii

      for a student in category C, F105£7,185;

    4. iv

      for a student in category D, F106£6,470;

  • Y is the maintenance grant amount.

10

In this regulation, the “maintenance grant amount” is

a

half the amount of the maintenance grant payable; or

b

where no maintenance grant is payable, nil.

Current system students with full entitlement who are not F107... 2009, 2012 or 2016 cohort studentsF2877

1

This regulation applies to a current system student with full entitlement (other than a F116... 2009, 2012 or 2016 cohort student).

2

Subject to Chapter 4 of this Part, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than the final year of a course that is not an intensive course is equal to—

X−Ymath

where—

  • X is—

    1. i

      for a student in category A, F108£4,645;

    2. ii

      for a student in category B, F109£8,405;

    3. iii

      for a student in category C, F110£7,150;

    4. iv

      for a student in category D, F111£6,002;

  • Y is the maintenance grant amount.

3

Subject to Chapter 4 of this Part, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is equal to

X−Ymath

where—

  • X is—

    1. i

      for a student in category A, F112£4,196;

    2. ii

      for a student in category B, F113£7,651;

    3. iii

      for a student in category C, F114£6,217;

    4. iv

      for a student in category D, F115£5,552;

  • Y is the maintenance grant amount.

Type 1 and type 2 teacher training students who are not 2008 or 2009 cohort studentsF1378

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Old system students with full entitlementF3679

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Students with reduced entitlement80

1

Subject to Chapter 4 of this Part, the maximum amount of loan for living costs for which a student with reduced entitlement qualifies in respect of an academic year of a course other than the final year of a course that is not an intensive course is—

a

where the student does not qualify for a grant for living and other costs in relation to the academic year because of regulation 38(4)(a)—

i

for a student in category A, F37£1,902;

ii

for a student in category B, F38£3,558;

iii

for a student in category C or D, F39£2,534.

b

where the student does not qualify for a grant for living and other costs in relation to the academic year because of F14regulation 38(6)—

i

for a student in category A, F117£2,205;

ii

for a student in category B, F118£4,128;

F29iii

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

iv

for a student in category D, F119£2,940.

c

where the student, other than a 2009 F15, 2012 or 2016 cohort student, applies for a loan for living costs and opts not to provide the information needed to calculate the household income F16, the amount is—

i

for a student in category A, F120£3,482;

ii

for a student in category B, F121£6,303;

iii

for a student in category C, F122£5,364;

iv

for a student in category D, F123£4,501.

F17...

d

where a 2009 cohort student applies for a loan for living costs and opts not to provide the information needed to calculate the household income F18, the amount is—

i

for a student in category A, F124£3,496;

ii

for a student in category B, F125£6,310;

iii

for a student in category C, F126£5,368;

iv

for a student in category D, F127£4,509.

F19...

e

where a 2012 student applies for a loan for living costs and opts not to provide the information needed to calculate the household income, the amount is—

i

for a student in category A, F128£3,597;

ii

for a student in category B, F129£6,310;

iii

for a student in category C, F130£5,375;

iv

for a student in category D, F131£4,526.

F20f

where a 2016 cohort student applies for a loan for living costs and opts not to provide the information needed to calculate the household income, the amount is—

i

for a student in category A, F147£3,597;

ii

for a student in category B, F148£6,308;

iii

for a student in category C, F149£5,374;

iv

for a student in category D, F150£4,524.

2

Subject to Chapter 4 of this Part, the maximum amount of loan for living costs for which a student with reduced entitlement qualifies in respect of an academic year that is the final year of a course that is not an intensive course is—

a

where the student does not qualify for a grant for living and other costs in relation to the academic year because of regulation 38(4)(a)—

i

for a student in category A, F40£1,443;

ii

for a student in category B, F41£2,724;

iii

for a student in category C or D, F42£1,975;

b

where the student does not qualify for a grant for living and other costs in relation to the academic year because of F21regulation 38(6)—

i

for a student in category A, F132£1,675;

ii

for a student in category B, F133£3,158;

F30iii

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

iv

for a student in category D, F134£2,292;

c

where the student, other than a 2009 F22, 2012 or 2016 cohort student, applies for a loan for living costs and opts not to provide the information needed to calculate the household income F23, the amount is—

i

for a student in category A, F135£3,149;

ii

for a student in category B, F136£5,739;

iii

for a student in category C, F137£4,663;

iv

for a student in category D, F138£4,165.

F24...

d

where a 2009 cohort student applies for a loan for living costs and opts not to provide the information needed to calculate the household income F25, the amount is—

i

for a student in category A, F139£3,172;

ii

for a student in category B, F140£5,744;

iii

for a student in category C, F141£4,667;

iv

for a student in category D, F142£4,174.

F26...

e

F31where a 2012 ... cohort student applies for a loan for living costs and opts not to provide the information needed to calculate the household income, the amount is—

i

for a student in category A, F143£3,304;

ii

for a student in category B, F144£5,747;

iii

for a student in category C, F145£4,670;

iv

for a student in category D, F146£4,207F33;

F32f

where a 2016 cohort student applies for a loan for living costs and opts not to provide the information needed to calculate the household income, the amount is—

i

for a student in category A, F151£3,304;

ii

for a student in category B, F152£5,747;

iii

for a student in category C, F153£4,669;

iv

for a student in category D, F154£4,206.

F273

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F274

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F12016 cohort students with full entitlement who satisfy the conditions in regulation 71(1)(g)80A

1

This regulation applies to a 2016 cohort student who satisfies all the conditions in regulation 71(1)(g).

2

Subject to Chapter 4 of this Part and paragraph (4), the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than the final year of a course that is not an intensive course is equal to

X−Ymath

where—

  • X is—

    1. i

      for a student in category A, F155£8,171;

    2. ii

      for a student in category B, F156£12,667;

    3. iii

      for a student in category C, F157£11,116

    4. iv

      for a student in category D, F158£9,706;

  • Y is—

    1. i

      for a student in category A, £1 for every complete F155£7.27 by which the student’s household income exceeds £25,000;

    2. ii

      for a student in category B, £1 for every complete F156£7.08 by which the student’s household income exceeds £25,000;

    3. iii

      for a student in category C, £1 for every complete F157£7.13 by which the student’s household income exceeds £25,000;

    4. iv

      for a student in category D, £1 for every complete F158£7.20 by which the student’s household income exceeds £25,000.

3

Subject to Chapter 4 of this Part and paragraph (4), the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is equal to

X−Ymath

where—

  • X is—

    1. i

      for a student in category A, F159£7,689;

    2. ii

      for a student in category B, F160£11,736;

    3. iii

      for a student in category C, F161£9,950;

    4. iv

      for a student in category D, F162£9,179;

  • Y is—

    1. i

      for a student in category A, £1 for every complete F159£7.27 by which the student’s household income exceeds £25,000;

    2. ii

      for a student in category B, £1 for every complete F160£7.08 by which the student’s household income exceeds £25,000;

    3. iii

      for a student in category C, £1 for every complete F161£7.13 by which the student’s household income exceeds £25,000;

    4. iv

      for a student in category D, £1 for every complete F162£7.20 by which the student’s household income exceeds £25,000.

4

Where the maximum amount of loan for living costs is calculated in accordance with paragraph (2) or (3) and is less than the minimum level for the academic year specified in regulation 105, the minimum level for the academic year is payable.

F12016 cohort students with full entitlement who satisfy the conditions in regulation 71(1)(h)80B

1

This regulation applies to a 2016 cohort student who satisfies all the conditions in regulation 71(1)(h).

2

Subject to Chapter 4 of this Part and paragraph (6), the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than the final year of a course that is not an intensive course is equal to—

X−(Y+Z)math

where—

  • X is—

    1. i

      for a student in category A, F163£9,640;

    2. ii

      for a student in category B, F164£13,815;

    3. iii

      for a student in category C, F165£12,374;

    4. iv

      for a student in category D, F166£11,064;

  • Y is—

    1. i

      for a student in category A, £1 for every complete F163£4.551 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

    2. ii

      for a student in category B, £1 for every complete F164£4.867 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

    3. iii

      for a student in category C, £1 for every complete F165£4.747 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

    4. iv

      for a student in category D, £1 for every complete F166£4.654 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

  • Z is—

    1. i

      for a student in category A, £1 for every complete F163£7.27 by which the student’s household income exceeds £42,875;

    2. ii

      for a student in category B, £1 for every complete F164£7.08 by which the student’s household income exceeds £42,875;

    3. iii

      for a student in category C, £1 for every complete F165£7.13 by which the student’s household income exceeds £42,875;

    4. iv

      for a student in category D, £1 for every complete F166£7.20 by which the student’s household income exceeds £42,875.

3

The loan for living costs for an academic year other than the final year of a course that is not an intensive course, where regulation 71(1)(h) applies, is made up of a loan for maintenance and a special support loan, whereby the maximum loan for maintenance is—

a

for a student in category A, F167£5,534;

b

for a student in category B, F168£9,709;

c

for a student in category C, F169£8,268;

d

for a student in category D, F170£6,958;

and any remainder is a special support loan.

4

Subject to Chapter 4 of this Part and paragraph (6), the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is equal to—

X−(Y+Z)math

where—

  • X is—

    1. i

      for a student in category A, F171£9,191;

    2. ii

      for a student in category B, F172£12,947;

    3. iii

      for a student in category C, F173£11,290;

    4. iv

      for a student in category D, F174£10,576;

  • Y is—

    1. i

      for a student in category A, £1 for every complete F171£4.513 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

    2. ii

      for a student in category B, £1 for every complete F172£4.785 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

    3. iii

      for a student in category C, £1 for every complete F173£4.646 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

    4. iv

      for a student in category D, £1 for every complete F174£4.608 by which the student’s household income exceeds £25,000 but does not exceed £42,875;

  • Z is—

    1. i

      for a student in category A, £1 for every complete F171£7.27 by which the student’s household income exceeds £42,875;

    2. ii

      for a student in category B, £1 for every complete F172£7.08 by which the student’s household income exceeds £42,875;

    3. iii

      for a student in category C, £1 for every complete F173£7.13 by which the student’s household income exceeds £42,875;

    4. iv

      for a student in category D, £1 for every complete F174£7.20 by which the student’s household income exceeds £42,875.

5

The loan for living costs for an academic year that is the final year of a course that is not an intensive course, where regulation 71(1)(h) applies, is made up of a loan for maintenance and a special support loan, whereby the maximum loan for maintenance is—

a

for a student in category A, F175£5,085;

b

for a student in category B, F176£8,841;

c

for a student in category C, F177£7,184;

d

for a student in category D, F178£6,470;

and any remainder is a special support loan.

6

Where the maximum amount of loan for living costs is calculated in accordance with paragraph (2) or (4) and is less than the minimum level for the academic year specified in regulation 105, the minimum level for the academic year is payable.

F12016 cohort students with full entitlement who satisfy the conditions in regulation 71(1)(i)80C

1

This regulation applies to a 2016 cohort student who satisfies both the conditions in regulation 71(1)(i).

2

Subject to Chapter 4 of this Part, the loan for living costs is a special support loan and the maximum amount for which a student to whom this regulation applies qualifies is equal to—

X−Ymath

where—

  • X is F76£4,106;

  • Y is £1 for every complete F76£4.63 by which the student’s household income exceeds £25,000.

3

Where the amount of loan for living costs calculated under paragraph (2) is less than £50, the amount of loan for living costs payable is nil.