Students: Loans

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

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Photo of Gordon Marsden Gordon Marsden Shadow Minister (Business, Innovation and Skills)

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

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

A final stage impact assessment, containing updated modelling, will be published by May 2012.

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