§ Mr. SumbergTo ask the Secretary of State for Education if she will give details of the support that will be available to students through mandatory awards and student loans in the academic year 1995–96.
§ Mrs. Gillian ShephardI have today laid before Parliament the Education (Mandatory Awards) Regulations 1994 and, together with my right hon. Friend the Secretary of State for Scotland, the Education (Student Loans) Regulations 1994.
These regulations provide for new rates of grant and loan for the academic year 1995–96 and for the various changes I announced on 29 November, Official Report, columns 675–80. The total level of support available to students through the main rates of grant and loan together in 1995–96 will be 2.5 per cent. higher than for 1994–95 in line with forecast price increases. I am placing a memorandum in the Library giving full details of the new rates.