In 2006-07, the age limit was raised to 60 years of age, and the additional requirement for the student to enter into an agreement to work after their studies was removed. Eligibility for student loans prior to 2006 was limited to students aged under 55 or under 50 for students not intending to enter employment upon graduating.
During the passage of the Higher Education Act 2004 through Parliament, concerns were raised about the upper age limit on student loans. The Government agreed to set up a working group in response to these concerns to look at the issues. The working group, including, among others, Baroness Greengross, representatives from Age Concern, the National Institute of Adult Continuing Education, the NUS and UUK, met on
Following these meetings, the Minister agreed that there should be no age limit applied to the fee loan when this was introduced in 2006 and agreed to review the current position on age limits for maintenance loans with the intention of increasing this to match the state pension age for the 2006-07 academic year.