I honestly cant tell you, they say in the booklet you will be penalised for going over the word count. My project without the questions or headings is over the word count by like 600 words which I think isnt a ridiculous amount. I can't take away any words without losing the flow and the meaning of my project so I am hoping they wont penalise. I'd say they would give a bit of leeway of about 10% above 1500 words. My thinking behind a wordcount is that it is there to stop people from writing pages and pages of work with no meaning. I think it's better to be over by 200 words than be under by 200 words especally when written in the book, it'll look quite bare if you write 1300 words. Hope that helped in some way.