PART 6LOANS FOR LIVING COSTS

Maximum amount of loans for new system eligible students with full entitlement who are 2011 cohort students55

1

This regulation applies to a new system eligible student with full entitlement who is a 2011 cohort student.

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 44 for an amount of maintenance grant, the amount that is equal to £0.50 for every £1 of maintenance grant for which that student qualifies, up to a maximum value for Y of £2,580;

b

where no maintenance grant is payable under regulation 44, nil.