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Students: Loans

Volume 463: debated on Monday 3 September 2007

To ask the Secretary of State for Innovation, Universities and Skills what the (a) average and (b) maximum student loan was in (i) Eastbourne and (ii) East Sussex in each year since 1997. (151356)

The available data is given in the following table:

Average value of income-contingent student loan, students domiciled in East Sussex, Academic years 1999/00 to 2005/06

Academic year2

Average value of income-contingent loan1, East Sussex local authority (£)

1999/2000

3,280

2000/01

3,230

2001/02

3,270

2002/03

3,320

2003/04

3,350

2004/05

3,400

2005/063

3,480

1 Figures are rounded to the nearest £10.

2 Data are not available prior to 1999/2000

3 Provisional

Source:

Student Loans Company.

Separate data are not available for Eastbourne.

The maximum amount of maintenance loan to which a student is entitled is dependent upon where they are living during their study, rather than their domicile. The rates are given in the following table:

Maximum student loans for maintenance in 2006/07

£

Location of study

Full year rates up to

Final year rates1 up to

Students living away from their parents’ home and studying in London

6,170

5,620

Students living away from their parents’ home and studying elsewhere

4,405

4,080

Students living at their parents’ home (London and elsewhere)

3,415

3,085

1 The amounts of loan are lower in the final year as students leave higher education at the end of the summer and will not need financial support over the summer holiday.