HC Deb 20 April 2004 vol 420 c481W
Dr. Cable

To ask the Secretary of State for Education and Skills how much interest accrued to the Student Loan Company on student loans in financial years(a) 2002–03 and (b) 2003–04; and how much of this interest was derived from capital sums which had been paid by debtors to the Inland Revenue but not transferred to the Student Loan Company. [166116]

Alan Johnson

In financial year 2002–03, the sum of £146.8 million in interest was added onto the student loans balance. Of this, £106.9 million related to income contingent loans and £39.9 million related to mortgage style loans. Any adjustments arising from the repayments received in respect of 2002–03 will be included in the 2003–04 data.

Data are not available to answer the second part of the question.

Data for financial year 2003–04 are not yet available.