Students: Loans

Department for Education written question – answered on 4th March 2020.

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Photo of Scott Benton Scott Benton Conservative, Blackpool South

To ask the Secretary of State for Education, what assessment he has made of the effect of the ineligibility for student loans of students at private higher education institutions on the (a) financial viability of those institutions and (b) their ability to attract students.

Photo of Scott Benton Scott Benton Conservative, Blackpool South

To ask the Secretary of State for Education, whether he plans to support private higher education providers in (a) attracting students to their courses and (b) improving (i) their viability and (ii) the diversity of courses on offer to the higher education sector; and if he will make a statement.

Photo of Michelle Donelan Michelle Donelan Minister of State (Education)

Under the 2017 Higher Education and Research Act, a higher education provider in England that wishes to access public grant funding and/or student support funding, is required to register with the Office for Students. This applies to those previously known as a ‘private’ or ‘alternative’ provider, as well as to existing publicly funded institutions.

Registered providers are regulated by the Office for Students and must meet regulatory requirements, which include conditions surrounding quality and financial viability. Once registered, providers are able to submit to the Student Loans Company the courses they wish to attract student support.

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