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Students: Expenditure

Volume 463: debated on Tuesday 17 July 2007

To ask the Secretary of State for Innovation, Universities and Skills what the total cost was to the public purse of student maintenance support to (a) part-time undergraduate and (b) full-time undergraduate students in each of the last three academic years. (149086)

The cost to Government of student maintenance support for the last three financial years is shown in the following table. Figures exclude fee grants and fee loans paid to higher education institutions:

£000

Financial year

Full-time maintenance support—student loans in RAB terms1 and student grants

Part-time maintenance support

2004-05 outturn

690,907

8,368

2005-06 outturn

871,843

12,871

2006-07 estimated outturn

1,066,464

18,400

1 The student loans RAB charge estimates the future cost to Government of subsidising and writing off student loans issued in that year. It does not show cash lent to students, which has risen each year since the introduction of student loans.