Students: Loans

(asked on 27th February 2019) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what the take-up has been of part-time maintenance loans since that loan's inception.


Answered by
Chris Skidmore Portrait
Chris Skidmore
This question was answered on 8th March 2019

The Department for Education had forecast that 20,000 part-time maintenance loans would be issued for the 2018-19 academic year.

Further information can be found in Table 2 of the publication, Student loan forecasts, England: 2017-18:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/720371/Student_loan_forecasts_2017-18_-_tables.xlsx.

In January 2019, the Student Loans Company (SLC) published early in-year data on the payments of maintenance loans to part-time students domiciled in England. At the end of December 2019, 2,700 students had been paid a part-time maintenance loan.

Further information can be found in Table 7F of the publication:

https://www.slc.co.uk/official-statistics/financial-support-awarded/england-higher-education.aspx.

The number of part-time maintenance loans issued was lower than had been forecast at this point in the academic year cycle and the demand for a loan product aimed at part-time distance learners is therefore unlikely to be high enough to make the introduction of such a loan economically viable.

In light of this, I have decided not to extend maintenance loans to distance leaners in academic year 2019/20. The government remains committed to tackling the decline in part-time undergraduate higher education. In particular, the Review of Post-18 Education and Funding is considering how we can encourage learning that is more flexible, including part-time and distance learning. The review will report this year.

The SCL will publish guidance relating to part-time maintenance in advance of the application process opening later this year.

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