PART 5GRANTS FOR LIVING COSTS
Maintenance grant – new system eligible students who are not new cohort students42
1
The maximum amount of maintenance grant available to a new system eligible student who is not a new cohort student in respect of an academic year is—
a
in the case of a type 1 teacher training student, £1,500;
b
in the case of a type 2 teacher training student, £3,000;
c
in the case of a type 3 teacher training student, £1,500; and
d
in the case of a new system eligible student other than a type 1, type 2 or type 3 teacher training student, £3,000.
2
A type 1 teacher training student who qualifies for a maintenance grant in respect of an academic year receives an amount as follows in respect of that year—
a
where the household income is £18,370 or less, the eligible student receives £1,500;
b
where household income exceeds £18,370 but does not exceed £27,852, the eligible student receives an amount equal to M - (A/2) where M is £1,500 and A is £1 for every £5.674 by which the household income exceeds £18,370; and
c
where the household income exceeds £27,852, or the eligible student opts when applying for the grant not to provide the information needed to calculate the household income, the eligible student receives £664.
3
A type 2 teacher training student who qualifies for a maintenance grant in respect of an academic year receives an amount as follows in respect of that year—
a
where the household income is £18,370 or less, the eligible student receives £3,000,;
b
where the household income exceeds £18,370 but does not exceed £27,852, the eligible student receives an amount equal to M - A where M is £3,000 and A is £1 for every £5.674 by which the household income exceeds £18,370; and
c
where the household income exceeds £27,852, or the eligible student opts when applying for grant not to provide the information needed to calculate the household income, the eligible student receives £1,329.
4
A type 3 teacher training student who qualifies for a maintenance grant in respect of an academic year receives an amount as follows in respect of that year—
a
where the household income is £18,370 or less, the eligible student receives £1,500;
b
where the household income exceeds £18,370 but does not exceed £27,852, the eligible student receives an amount equal to M - (A/2), where M is £1,500 and A is £1 for every £5.674 by which the household income exceeds £18,370;
c
where the household income exceeds £27,852 but does not exceed £39,329 the eligible student receives an amount equal to RM - (A/2), where RM is £664 and A is £1 for every £8.97 by which the household income exceeds £27,852;
d
where the household income exceeds £39,329, no maintenance grant is payable.
5
A new system eligible student other than a type 1, type 2 or type 3 teacher training student who qualifies for a maintenance grant in respect of an academic year receives an amount as follows in respect of that year—
a
where the household income is £18,370 or less, the eligible student receives £3,000;
b
where the household income exceeds £18,370 but does not exceed £27,852, the eligible student receives an amount equal to M - A where M is £3,000 and A is £1 for every £5.674 by which the household income exceeds £18,370;
c
where the household income exceeds £27,852 but does not exceed £39,329, the eligible student receives an amount equal to RM - A, where RM is £1,329 and A is £1 for every £8.97 by which the household income exceeds £27,852;
d
where the household income exceeds £39,329, no maintenance grant is payable.