38Socio‑educational disadvantage loading

#### 38 Socio‑educational disadvantage loading (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.