Sharia-compliant Student Finance

Baroness Garden of Frognal Excerpts

Thursday 25th July 2019 Lords Chamber

[Viscount Younger of Leckie]

My noble friend is right. We want everyone with the ability to benefit from higher education to be able to do so. Resolving this issue will therefore make a significant contribution to our widening participation agenda, ensuring that people from all faiths and backgrounds feel that there is support by removing financial barriers to access.

[Baroness Garden of Frognal (LD)]

My Lords, the Government were able to produce a sharia-compliant version of the Help to Buy scheme within six months from a standing start. So why, after six years so far, have they not produced a student finance scheme, which is obviously to the detriment of Muslim students?

[Viscount Younger of Leckie]

There is a process in place. I know that the noble Lord, Lord Sharkey, has expressed frustration about its progress, as has the noble Baroness. These changes were mooted in 2012, and there was a consultation in April 2014 and the Government published their response. We then enabled the process to go through Parliament through the Higher Education and Research Act 2017. This is a complex process and it requires time to get it right.