Written question asked by John Denham (Labour) on Monday, 12 January 2015, in the House of Commons. It was due for an answer on Thursday, 15 January 2015 (named day). A holding answer was provided on Thursday, 15 January 2015. A substantive answer was provided by Greg Clark (Conservative) on Monday, 26 January 2015 on behalf of the Department for Business, Innovation and Skills.

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Higher Education: Finance

Question

To ask the Secretary of State for Business, Innovation and Skills, what recent estimate he has made of the average unit costs of (a) the face value of student loans, (b) the resource costs of student loans, (c) teaching grants through the Higher Education Funding Council for England, (d) maintenance grant and (e) access spending by institutions in respect of additional students entering higher education in 2014-15.

Answer

Additional entrants to higher education in 2014-15 are funded on the same basis as other students. A summary of the average unit costs for students on the 2012 funding arrangements can be found in the Fiscal Sustainability Report published by the Office for Budget Responsibility in July 2014 (Table B.1, page 170).

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Secondary information

Type

Written question

Reference

220487

Session

2014-15

Subjects

Finance Higher education

Contains statistics

Yes

Link

View this Written question on www.parliament.uk