After regulation 80 (Students with reduced entitlement), insert—
2016 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
where—
X is—
for a student in category A, £6,904;
for a student in category B, £10,702;
for a student in category C, £9,391;
for a student in category D, £8,200;
Y is—
for a student in category A, £1 for every complete £8.59 by which the student’s household income exceeds £25,000;
for a student in category B, £1 for every complete £8.34 by which the student’s household income exceeds £25,000;
for a student in category C, £1 for every complete £8.41 by which the student’s household income exceeds £25,000;
for a student in category D, £1 for every complete £8.49 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
where—
X is—
for a student in category A, £6,496;
for a student in category B, £9,914;
for a student in category C, £8,406;
for a student in category D, £7,756;
Y is—
for a student in category A, £1 for every complete £8.59 by which the student’s household income exceeds £25,000;
for a student in category B, £1 for every complete £8.34 by which the student’s household income exceeds £25,000;
for a student in category C, £1 for every complete £8.41 by which the student’s household income exceeds £25,000;
for a student in category D, £1 for every complete £8.49 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.
2016 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—
where—
X is—
for a student in category A, £8,144;
for a student in category B, £11,671;
for a student in category C, £10,453;
for a student in category D, £9,347;
Y is—
for a student in category A, £1 for every complete £5.384 by which the student’s household income exceeds £25,000 but does not exceed £42,875;
for a student in category B, £1 for every complete £5.743 by which the student’s household income exceeds £25,000 but does not exceed £42,875;
for a student in category C, £1 for every complete £5.608 by which the student’s household income exceeds £25,000 but does not exceed £42,875;
for a student in category D, £1 for every complete £5.496 by which the student’s household income exceeds £25,000 but does not exceed £42,875;
Z is—
for a student in category A, £1 for every complete £8.59 by which the student’s household income exceeds £42,875;
for a student in category B, £1 for every complete £8.34 by which the student’s household income exceeds £42,875;
for a student in category C, £1 for every complete £8.41 by which the student’s household income exceeds £42,875;
for a student in category D, £1 for every complete £8.49 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, £4,675;
(b) for a student in category B, £8,202;
(c) for a student in category C, £6,984;
(d) for a student in category D, £5,878;
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—
where—
X is—
for a student in category A, £7,765;
for a student in category B, £10,938;
for a student in category C, £9,538;
for a student in category D, £8,935;
Y is—
for a student in category A, £1 for every complete £5.335 by which the student’s household income exceeds £25,000 but does not exceed £42,875;
for a student in category B, £1 for every complete £5.642 by which the student’s household income exceeds £25,000 but does not exceed £42,875;
for a student in category C, £1 for every complete £5.486 by which the student’s household income exceeds £25,000 but does not exceed £42,875;
for a student in category D, £1 for every complete £5.441 by which the student’s household income exceeds £25,000 but does not exceed £42,875;
Z is—
for a student in category A, £1 for every complete £8.59 by which the student’s household income exceeds £42,875;
for a student in category B, £1 for every complete £8.34 by which the student’s household income exceeds £42,875;
for a student in category C, £1 for every complete £8.41 by which the student’s household income exceeds £42,875;
for a student in category D, £1 for every complete £8.49 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, £4,296;
(b) for a student in category B, £7,469;
(c) for a student in category C, £6,069;
(d) for a student in category D, £5,466;
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.
2016 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—
where—
X is £3,469;
Y is £1 for every complete £5.46 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.