Students: Loans
Business, Innovation and Skills

Photo of Gordon Marsden

Gordon Marsden (Shadow Minister (Business, Innovation and Skills); Blackpool South, Labour)

To ask the Secretary of State for Business, Innovation and Skills what modelling his Department has prepared on the financial implications of introducing further education student loans; and if he will publish the results of that modelling.

Photo of John Hayes

John Hayes (The Minister of State, Department for Business, Innovation and Skills, The Minister for Universities and Science; South Holland and The Deepings, Conservative)

The Department's modelling of the impact of loans in further education is outlined in the consultation stage impact assessment “Further Education—Level 3+ Loans”. This was published in July 2011, and can be accessed at the following link:

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 modelling, will be published by May 2012.

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