Title and coming into force

regulation 1 + 1.—(1) The title of these Regulations is the Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2025.

(2) These Regulations come into force on 1 August 2025.

Application

regulation 2 + 2.  These Regulations apply in relation to Wales and to the provision of support to students in respect of the Academic Year 2025/2026.

Interpretation

regulation 3 + 3.  In these Regulations—

term the 1998 act + “the 1998 Act” (“Deddf 1998”) means the Teaching and Higher Education Act 1998;

term academic year + “academic year” (“blwyddyn academaidd”) means the period of 12 months beginning on 1 September, 1 January, 1 April or 1 July of the calendar year in which the academic year of the course in question begins, according to whether that academic year begins on or after 1 August but before 1 January, on or after 1 January but before 1 April, on or after 1 April but before 1 July, or on or after 1 July but before 1 August, respectively;

term academic year 20252026 + “Academic Year 2025/2026” (“Blwyddyn Academaidd 2025/2026”) means an academic year which begins on or after 1 September 2025 but before 1 September 2026;

term borrower + “borrower” (“benthyciwr”) means a person who has received a loan for living costs;

term loan for living costs + “loan for living costs” (“benthyciad at gostau byw”) is a loan received from the Welsh Ministers in respect of the Academic Year 2025/2026 under Part 6 of the Education (Student Support) (Wales) Regulations 2017(3) or under Part 8 of the Education (Student Support) (Wales) Regulations 2018(4) in respect of a full-time course;

term outstanding liability + “Outstanding Liability” (“Atebolrwydd sydd heb ei Dalu”) has the meaning given in regulation 7;

term repayment date + “Repayment Date” (“Dyddiad Ad-dalu”) means the day after the date on which the borrower’s first loan repayment is considered to have been received by either His Majesty’s Revenue and Customs or the Welsh Ministers, whichever is considered (in accordance with regulations made under section 22 of the 1998 Act(5)) to have received it first;

term satisfaction date + “Satisfaction Date” (“Dyddiad Bodloni”) has the meaning given in regulation 9;

term specified amount + “Specified Amount” (“Swm Penodedig”) has the meaning given in regulation 6;

term welsh ministers + “Welsh Ministers” (“Gweinidogion Cymru”) includes any person to whom they have transferred or delegated their functions under section 23 of the 1998 Act(6) or to whom they have transferred their rights under section 9 of the Sale of Student Loans Act 2008(7).

Qualification for cancellation

regulation 4 + 4.  A borrower qualifies for cancellation of the Specified Amount of their Outstanding Liability in the circumstances set out in regulation 5 (“the Circumstances”).

Circumstances

regulation 5 + 5.  The Circumstances for the purposes of regulation 4 are that the Welsh Ministers consider that, on the Repayment Date, the borrower—

regulation 5 a + (a)is not in breach of any obligation contained in any agreement for a student loan or in any regulations made under section 22 of the 1998 Act,

regulation 5 b + (b)does not have outstanding penalties, costs, expenses or charges in relation to such a loan pursuant to any such agreement or regulations, and

regulation 5 c + (c)has not received a cancellation (including a cancellation of £0.00) under one of the Regulations listed in the Schedule of any of their liability for payment in respect of a loan received from the Welsh Ministers.

Specified Amount

regulation 6 + 6.  The Specified Amount is the lesser of—

regulation 6 a + (a)£1,500, or

regulation 6 b + (b)the Outstanding Liability.

Outstanding Liability

regulation 7 + 7.—(1) Subject to paragraph (2), the Outstanding Liability is the total amount considered to be payable by the borrower on the Repayment Date in respect of any loan for living costs, but does not include any amount which exceeds the amount to which the borrower is entitled, any interest accrued or any penalties, costs, expenses or charges incurred in respect of any such loan.

(2) For the purposes of regulation 9, the Outstanding Liability is the total amount considered to be payable by the borrower on the Satisfaction Date in respect of any loan for living costs, but does not include any amount which exceeds the amount to which the borrower is entitled, any interest accrued or any penalties, costs, expenses or charges incurred in respect of any such loan.

(3) For the purposes of calculating the Outstanding Liability in paragraphs (1) and (2), the amount considered to be payable by the borrower is calculated in accordance with regulations made pursuant to section 22 of the 1998 Act(8).

Cancellation

regulation 8 + 8.  In the Circumstances in regulation 5, the Welsh Ministers must cancel the Specified Amount with effect from the Repayment Date.

regulation 9 + 9.  If any of the Circumstances in regulation 5 are not satisfied on the Repayment Date, but they become satisfied at a later date, the Welsh Ministers may cancel the Specified Amount with effect from the date that they consider the Circumstances to have been satisfied (“the Satisfaction Date”).

Regulation 5

SCHEDULE

schedule paragraph 1 + 1.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2010(9).

schedule paragraph 2 + 2.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2011(10).

schedule paragraph 3 + 3.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2012(11).

schedule paragraph 4 + 4.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2013(12).

schedule paragraph 5 + 5.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2014(13).

schedule paragraph 6 + 6.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2015(14).

schedule paragraph 7 + 7.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2016(15).

schedule paragraph 8 + 8.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2017(16).

schedule paragraph 9 + 9.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2018(17).

schedule paragraph 10 + 10.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2019(18).

schedule paragraph 11 + 11.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2020(19).

schedule paragraph 12 + 12.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2021(20).

schedule paragraph 13 + 13.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2022(21).

schedule paragraph 14 + 14.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2023(22).

schedule paragraph 15 + 15.  The Cancellation of Student Loans for Living Costs Liability (Wales) Regulations 2024(23).

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations govern the student loan liability of full-time students who receive loans for living costs from the Welsh Ministers in respect of the academic year 2025/2026.

These Regulations provide for up to £1,500 of a borrower’s living costs loan liability to be cancelled in certain circumstances, with effect from the day after the date on which their first loan repayment is considered to have been received.

The Welsh Ministers’ Code of Practice on the carrying out of Regulatory Impact Assessments was considered in relation to these Regulations. As a result, it was not considered necessary to carry out a regulatory impact assessment as to the likely costs and benefits of complying with these Regulations.