Regulation 31
Value and payment of Edusave Merit Bursary
of Education Endowment and Savings Schemes (Scholarships, Bursaries and Awards) Regulations
Subregulation 1
The value of the Edusave Merit Bursary shall be as specified in item 8 of the Schedule.
Subregulation 2
Where the Edusave Merit Bursary is awarded to a pupil or an applicable pupil in an academic year under regulation 30B(1), the Bursary is to be paid to that pupil —
not later than 30 June in the following academic year, in the case of a pupil mentioned in regulation 30(1)(a)(i) or an applicable pupil mentioned in regulation 30A; or
not later than 31 December in the following academic year, in the case of a pupil mentioned in regulation 30(1)(a)(ii).