Student Grants

HC Deb 16 February 1990 vol 167 c446W

Mr. Simon Hughes

To ask the Secretary of State for Education and Science what students on local education authority awards on a full grant(a) at an institution in the London area and (b) elsewhere need to borrow in 1990–91 to bring their grants in real terms up to the level of the 1962–63 full grants assuming an annual inflation rate in this year of (a) 5 per cent., (b) 7 per cent. and (c) 7.5 per cent.

Mr. Jackson

On those assumptions about inflation, the real value of the 1962–63 grant¹ at 1990–91 prices would be:

	(a)	(b)	(c)
	5 per cent. inflation	7 per cent. inflation	7.5 per cent. inflation
	£	£	£
(a) London	3,160	3,220	3,235
(b) Elsewhere	3,023	3,080	3,095

¹ Grant rate applicable to students living in college or university-owned accommodation.