Memorandum - Student Loans Company

E8: SPECIAL SUPPORT GRANT AND LOAN ENTITLEMENT: ILLUSTRATIVE LEVELS OFINCOME: Type 1 initial teacher training students (postgraduate initial teacher training)INCOME (£)ASSESSEDCONTRIBUTION (£)SPECIALSUPPORTGRANT (£)MAINTENANCELOAN (£)TOTAL SPECIALSUPPORT GRANTPLUS LOAN (£)Student living atMaximum £3,987Home18,370 0 1,500 3,987 5,48720,000 0 1,357 3,987 5,34425,000 0 916 3,987 4,90327,852 0 664 3,987 4,65130,000 0 664 3,987 4,65135,000 0 664 3,987 4,65139,329 0 664 3,987 4,65139,778 0 664 3,987 4,65140,000 24 664 3,963 4,62745,000 582 664 3,405 4,06948,722 997 664 2,990(+) 3,654Student studying inMaximum £7,215London18,370 0 1,500 7,215 8,71520,000 0 1,357 7,215 8,57225,000 0 916 7,215 8,13127,852 0 664 7,215 7,87930,000 0 664 7,215 7,87935,000 0 664 7,215 7,87939,329 0 664 7,215 7,87939,778 0 664 7,215 7,87940,000 24 664 7,191 7,85545,000 582 664 6,633 7,29750,000 1,139 664 6,076 6,74055,951 1,803 664 5,412(+) 6,076Student studyingMaximum £5,150outside London18,370 0 1,500 5,150 6,65020,000 0 1,357 5,150 6,50725,000 0 916 5,150 6,06627,852 0 664 5,150 5,81430,000 0 664 5,150 5,81435,000 0 664 5,150 5,81439,329 0 664 5,150 5,81439,778 0 664 5,150 5,81440,000 24 664 5,126 5,79045,000 582 664 4,568 5,23250,000 1,139 664 4,011 4,67551,323 1,287 664 3,863(+) 4,527For Type 1 ITT students, the grant will be half the corresponding amount that Type 2 ITT students are entitled to receive (see Table D7). AllType 1 ITT students who are eligible for this grant will receive a £664 non means-tested element. Those with incomes below £27,852 will bemeans-tested to receive an additional £836; this will be reduced by £1 for every £11.34 of income above £18,370 and below £27,852.Where students’ income exceeds £39,778, the amount of loan to which they are entitled is reduced by £1 for every complete £8.97 by which theincome exceeds £39,778 until 75% of the full maintenance loan remains. This point is indicated by (+) in the table above.28