- Latest available (Revised) - English
- Latest available (Revised) - Welsh
- Original (As made) - English
- Original (As made) - Welsh
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
38.—(1) The maximum amount of maintenance grant available to a new system eligible student who is not a 2010 cohort student in respect of an academic year is—
(a)in the case of a type 1 teacher training student, £1,453;
(b)in the case of a type 2 teacher training student, £2,906;
(c)in the case of a type 3 teacher training student, £1,453; and
(d)in the case of a new system eligible student other than a type 1, type 2 or type 3 teacher training student, £2,906.
(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, he or she receives £1,453;
(b)where household income exceeds £18,370 but does not exceed £27,852, he or she receives an amount equal to M−(A/2) where M is £1,453 and A is £1 for every £5.86 by which the household income exceeds £18,370; and
(c)where the household income exceeds £27, 852, he or she receives £644.
(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, he or she receives £2,906;
(b)where the household income exceeds £18,370 but does not exceed £27,852, he or she receives an amount equal to M−A where M is £2,906 and A is £1 for every £5.86 by which the household income exceeds £18,370; and
(c)where the household income exceeds £27,852, he or she receives £1,288.
(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, he or she receives £1,453;
(b)where the household income exceeds £18,370 but does not exceed £27,852, he or she receives an amount equal to M−(A/2), where M is £1,453 and A is £1 for every £5.86 by which the household income exceeds £18,370;
(c)where the household income exceeds £27,852 but does not exceed £39,329 he or she receives an amount equal to RM−(A/2), where RM is £644 and A is £1 for every £9.27 of income above £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, he or she receives £2,906;
(b)where the household income exceeds £18,370 but does not exceed £27,852, he or she receives an amount equal to M−A where M is £2,906 and A is £1 for every £5.86 by which the household income exceeds £18,370;
(c)where the household income exceeds £27,852 but does not exceed £39,329, he or she receives an amount equal to RM − A, where RM is £1,288 and A is £1 for every complete £9.27 by which the household income exceeds £27,852;
(d)where the household income exceeds £39,329, no maintenance grant is payable.
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Original (As Enacted or Made) - English: The original English language version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Original (As Enacted or Made) - Welsh:The original Welsh language version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
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