Students: Loans

Innovation, Universities and Skills written question – answered on 1st April 2008.

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Photo of Stephen Williams Stephen Williams Shadow Secretary of State (Innovation, Universities and Skills)

To ask the Secretary of State for Innovation, Universities and Skills

(1) how many full-time undergraduates qualified for 75 per cent. net income assessed loans of (a) £2,685, (living at home), (b) £3,470, (living away from home outside London) and (c) £4,855, (living away from home in London), in the latest period for which figures are available;

(2) how many full-time undergraduates qualified for maximum student loans of (a) £3,580, (living at home), (b) £4,625, (living away from home outside London) and (c) £6,475, (living away from home in London), in the latest period for which figures are available;

(3) how many full-time undergraduates qualified for 25 per cent. income assessed loans of (a) £895, (living at home), (b) £1,155, (living away from home outside London) and (c) £1,620, (living away from home in London), in the latest period for which figures are available.

Photo of Bill Rammell Bill Rammell Minister of State (Lifelong Learning, Further and Higher Education), Department for Innovation, Universities and Skills

Student maintenance loans consist of up to three elements: a non-means tested loan of around 75 per cent. of the maximum; a means tested loan for around 25 per cent. of the maximum; and an additional income-assessed amount for extra weeks if the course is longer than normal. The level of loan available is reduced for final year students. Students can choose to borrow less than their full entitlement.

Available data are shown in the following tables.

English domiciled students receiving non-means tested maintenance loans by entitlement category, year and loan rate( 1) , academic year 2006/07
Entitlement category—Living at: Full year or final year Students receiving loan at maximum rate Students receiving loan below maximum rate
Home Full 90,700 6,200
Final 39,800 1,700
London Full 51,900 3,700
Final 19,900 2,100
Elsewhere Full 305,200 23,400
Final 123,500 11,100
(1) Table excludes students who move between entitlement categories during the year (e.g. Home and Elsewhere). Figures are rounded to the nearest 100. Source: Student Loans Company.
English domiciled students receiving means tested maintenance loans by entitlement category, year and loan rate( 1) , academic year 2006/07
Entitlement category—Living at: Full year or final year Students receiving loan at maximum rate Students receiving loan below maximum rate
Home Full 69,800 1,400
Final 29,900 200
London Full 36,100 600
Final 14,000 200
Elsewhere Full 186,400 3,200
Final 76,200 500
(1) Table excludes students who move between entitlement categories during the year (e.g. Home and Elsewhere). Figures are rounded to the nearest 100. Source: Student Loans Company.
English domiciled students receiving maintenance loans including extra weeks allowances by entitlement category, year and loan rate( 1) , academic year 2006/07
Entitlement category— Living at: Full year or final year Students receiving loan above maximum rate (due to extra weeks) Students receiving loan at maximum rate Students receiving loan below maximum rate
Home Full 45,000 24,900 27,000
Final 19,900 10,100 11,500
London Full 25,600 10,600 19,400
Final 10,100 3,900 8,000
Elsewhere Full 82,200 104,500 141,900
Final 36,300 40,000 58,300
(1) Table relates to total maintenance loans including non-means tested loans, means tested loans and extra weeks allowances. Excludes students who move between entitlement categories during the year (e.g. Home and Elsewhere). Figures are rounded to the nearest 100. Source: Student Loans Company.

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