Question

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the effectiveness of Student Finance England's processes for approving student finance applications and transferring payments to approved applicants.

Annual performance targets are in place to monitor the effectiveness of Student Finance England's processes for approving student finance applications and transferring of payments to approved applicants. The Student Loan Company’s performance against these targets is monitored on an ongoing basis by the SLC Board and the Department for Business, Innovation and Skills meet the Chair and Chief Executive regularly to review the Company’s overall performance.