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Students: Finance

Volume 475: debated on Friday 9 May 2008

To ask the Secretary of State for Innovation, Universities and Skills what estimate his Department has made of the proportion of first degree undergraduates with a parental household income of (a) £25,000, (b) £30,000, (c) £40,000, (d) £50,000, (e) £60,000 and (f) £70,000; and if he will make a statement. (203153)

We have not made specific estimates of the proportion of students at each household income level. For full-time students, the recently announced reforms for 2008/09 mean we estimate that around one third of eligible students will be entitled to a full grant. These students will have a residual household income of £25,000 or less. We also estimate around a third will be entitled to a partial grant, equivalent to an income between £25,000 and £60,005.

Due to these reforms for full-time students, by 2011, the number of students receiving some level of grant will increase by around 100,000. As part of this change, an extra 50,000 students will receive a full grant.

For part-time students the uncertainties are greater as the student support package is generally not available to students above a household income of around £26,000 (2007/08 support).