(1) A school's socio - educational disadvantage loading for a year is the amount worked out using the following formula:
Note: This amount may be rounded up or down (see section 56).
A school's quartile 1 amount
(2) A school's quartile 1 amount for a year is the amount worked out using the following formula:
(3) A school's quartile 1 percentage for a year is the lower of 50%, and the amount worked out using the following formula (expressed as a percentage):
Note: For the number of students at a school for a year, see section 16.
(4) The number of students at a school for a year who are in quartile 1 is the number prescribed by the regulations.
A school's quartile 2 amount
(5) A school's quartile 2 amount for a year is the amount worked out using the following formula:
(6) A school's quartile 2 percentage for a year is the lower of 37.5%, and the amount worked out using the following formula (expressed as a percentage):
(7) The number of students at a school for a year who are in quartile 2 is the number prescribed by the regulations.