Students: Finance

Business, Innovation and Skills

Written answers and statements, 5 November 2009

Photo of Vincent Cable

Vincent Cable (Twickenham, Liberal Democrat)

To ask the Minister of State, Department for Business, Innovation and Skills what proportion of students who applied for (a) student loans and (b) grants from (i) Richmond-upon-Thames local education authority area and (ii) all English local authorities for the (A) 2008-09 and (B) 2009-10 academic year received them in time for the start of that year.

Photo of David Lammy

David Lammy (Minister of State (Higher Education and Intellectual Property), Department for Business, Innovation and Skills; Tottenham, Labour)

80 per cent. of student finance applications from Richmond-upon-Thames were approved by 18 October, this compares with 86 per cent. at the equivalent point in the previous year. This excludes applications approved but awaiting student signature. Separate figures are not available for loans and grants, which are covered by the same application form. Higher Education Institutions have different start dates, so data is not available on applications processed in time for the start of the academic year.

Richmond-upon-Thames application status by academic year( 1)
2008-09 2009-10
Position at 18 Oct 08 Position at 18 Oct 09
Applications % Applications %
Approved 3,300 86 3,300 80
Course started prior to 18 October and Attendance Confirmation
of which: Received 3,100 80 3,200 76
Course started prior to 18 October and no Attendance Confirmation yet 200 5 200 4
Course Start after 18-10-2008 (2) (2) (2) (2)
Approved awaiting student signature 200 4 300 6
In Progress 300 7 300 7
Online not Completed 100 2 100 3
Ineligible/Cancelled 100 2 200 4
Withdrawn/Suspended (2) (2) (2) (2)
Total Applications 3,900 100 4,100 100
(1) Application figures rounded to the nearest 100.

(2) Less than 50 applications

Source:

Student Loans Company

After the application has been assessed and approved, a student who applied on-line will then need to sign a declaration form. If they are a new student their National Insurance Number will need to be verified with the Department for Work and Pensions. Thereafter payment will be released once confirmation of attendance has been received from the Higher Education Institution.

England figures on applications in academic years 2008-09 and 2009-10 are available from the SLC website at

www.slc.co.uk/statistics/facts_figures.html

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