PART 6LOANS FOR LIVING COSTS

Maximum amount of loans for new system eligible students with full entitlement who are not new cohort students52

1

This regulation applies to a new system eligible student with full entitlement who is not a new cohort student (other than a type 1 or type 2 teacher training student whose contribution exceeds nil).

2

Subject to regulations 57 to 62, 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 a final year of a course that is not an intensive course is equal to (X-Y) where—

  • X is, for such a student in—

    1. i

      category 1, £4,027;

    2. ii

      category 2, £7,288;

    3. iii

      category 3, £6,202;

    4. iv

      category 4, £6,202;

    5. v

      category 5, £5,202;

  • Y is the maintenance grant amount.

3

Subject to regulations 57 to 62, 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) where—

  • X is, for such a student in—

    1. i

      category 1, £3,645;

    2. ii

      category 2, £6,636;

    3. iii

      category 3, £5,394;

    4. iv

      category 4, £5,394;

    5. v

      category 5, £4,819;

  • Y is the maintenance grant amount.

4

In this regulation, “the maintenance grant amount” (“swm y grant cynhaliaeth”) is—

a

where the new system eligible student referred to in paragraph (1) qualifies under regulation 42 for an amount of maintenance grant not exceeding £1,329, the amount of maintenance grant payable;

b

where the new system eligible student referred to in paragraph (1) qualifies under regulation 42 for an amount of maintenance grant exceeding £1,329, £1,329; and

c

where no maintenance grant is payable, nil.