If a student has covenant income and a grant for which no
contribution has been assessed, the decision maker should calculate
the covenant income to be taken into account by
1) calculating the
balance of covenant income by making any appropriate
deductions under DMG39114
1. to
3.2 and
2) deducting any amounts disregarded under DMG39310 from the
grant income actually received by the student
and
3) deducting from the standard maintenance grant the amount
calculated at
2.and
4) deducting from the balance of covenant income at
1. the amount (if any) calculated at
3. and
5) taking the amount deducted at
4. into account, in the normal way (DMG39311), after
5.1) disregarding the difference between the amount
5.1.a included in the standard maintenance grant for the expenses at DMG39310 and
5.1.b) actually disregarded from the grant income under DMG39310 and
5.2) dividing any amount remaining by the number of weeks in the period of study (DMG39314).
