§ Jonathan ShawTo ask the Secretary of State for Education and Skills what the cost was to the Student Loan Company to issue cheques to each student in higher education every term in each of the last five years. [70155]
§ Margaret HodgeOnly the first loan instalment is paid by cheque each Academic Year. Subsequent instalments are paid by BACS. I have asked the Chief Executive of the Student Loans Company to write to my hon. Friend with further information, and to place a copy of the letter in the House library.