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The Further Education Loans Regulations 2012

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PART 4FEE LOANS

Availability of fee loans to eligible students - general

14.  When assessing an application for a fee loan in respect of a designated further education course, the Secretary of State must determine the standard entitlement.

Standard entitlement of eligible students

15.—(1) The standard entitlement of an eligible student is a maximum of four loans where each loan is for a different category of further education course, as listed at regulation 4.

(2) In addition to the standard entitlement, if the Secretary of State determines that the eligible student is repeating a further education course because of compelling personal reasons, an eligible student can qualify for further fee loans in respect of any period or periods of repeat study.

(3) If the eligible student has failed to complete a previous further education course for which the student had received a fee loan an eligible student qualifies for one further fee loan in respect of the period of repeat study.

(4) Where a student is taking more than one designated further education course at any one time, the student qualifies for only one fee loan during that time.

Amount of the fee loan

16.  The amount of a fee loan in respect of a further education course must not exceed the lesser of—

(a)the maximum level of public funding in connection with that further education course, or

(b)the amount which the institution is charging the eligible student for the further education course.

17.  A fee loan must be for an amount no less than £300.

Amount of fee loan for transferring students

18.—(1) If a student’s status as an eligible student is transferred from one further education course to another under regulation 8 or 9 and the circumstances in paragraph (2) apply, the student may apply to the Secretary of State to borrow an additional amount by way of a fee loan in respect of the further education course to which that student transfers.

(2) The circumstances are that the fees payable in respect of the further education course to which the student transfers exceed the fees payable in respect of the course from which the student is transferring.

(3) If a student’s status as an eligible student is transferred from one course to another under these Regulations and the circumstances in paragraph (4) apply, the student shall apply to the Secretary of State to reduce the amount of fee loan applied for in respect of the course to which the eligible student has transferred.

(4) The circumstances are that the fees payable in respect of the course to which the student transfers are lower than the fees payable in respect of the course from which the student is transferring.

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