Students: Loans

Business, Innovation and Skills written question – answered on 7th February 2012.

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Photo of Shabana Mahmood Shabana Mahmood Shadow Minister (Business, Innovation and Skills)

To ask the Secretary of State for Business, Innovation and Skills what assessment he has made of the effect of further education student loans on the number of individuals who will study health, social care and nursing courses as the result of an access course.

Photo of John Hayes John Hayes The Minister for Universities and Science, The Minister of State, Department for Business, Innovation and Skills

The consultation stage impact assessment ‘Further Education (FE)—Level 3+ Loans’ estimated the impact of introducing Further education loans on overall learner numbers. The consultation stage asssessment can be accessed at the link as follows:

http://www.bis.gov.uk/assets/biscore/further-education-skills/docs/f/11-1218-further-education-loans-impact-assessment

A final stage impact assessment, containing updated estimates of learner numbers, will be published by May 2012. The final stage assessment will be informed by research and analysis commissioned by the Department for Business, Innovation and Skills (BIS). This will include the results of an Online Learner Panel Survey carried out by opinion panel, as well as market research company, Taylor Nelson Sofres—British Market Research Bureau (TNS-BMRB) work with potential FE students, to understand how FE loans might affect their decision to study, and further research as required.

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