§ Mr. Andrew SmithTo ask the Secretary of State for Education and Science if he will list in respect to the student loan scheme(a) the most recent figures for loan applications received, (b) the number of loans made, (c) the value of loans made and (d) the total costs, including VAT, incurred administering the scheme.
§ Mr. Alan HowarthAs at 4 February 1992, Student Loans Company Limited had received 149,576 applications for loans for the academic year 1991–92 and had paid 125,811 loans worth £65.784 million. The company spent £5.41 million on operating the loans scheme between 1 September 1991 and 31 January 1992. This included net VAT costs of £0.94 million.