§ Mr. Speedasked the Secretary of State for Education and Science what is the value of the basic student grant at constant prices for each of the last 10 years.
§ Mr. Waldegrave[pursuant to his reply, 26 January 1983, c. 477]: The value of the minimum maintenance award for the academic years 1972–73 to 1982–83 measured at current and 1981–82 prices is as follows:
Academic Current Constant Year Prices Prices £ £ 1972–73 50 186 1973–74 50 170 1974–75 50 145 1975–76 50 115 1976–77 50 101 *1977–78 80 139 1978–79 200 323 1979–80 335 464 1980–81 385 460 1981–82 410 440 1982–83 410 410 * From 1977–78 academic year the minimum maintenance payment was increased to take account both of the effects of inflation and to compensate parents for the reduction of child tax allowances in the 1977–78 financial year, following the introduction of child benefit.