HC Deb 25 November 1994 vol 250 cc392-3W
Mr. Bryan Davies

To ask the Secretary of State for Education what is the current level of the United Kingdom grant-in-aid for the running costs of the Student Loans Company Ltd.

Mr. Boswell

Provision in the Supply estimates for the running costs of the Student Loans Company is £19–392 million for the financial year 1994–95.

Mr. Bryan Davies

To ask the Secretary of State for Education how many representations she has received in the current academic year regarding delays in the processing of applications for student loans by the Student Loans Company Ltd.

Mr. Boswell

My right hon. Friend has received three letters about delays in the processing of loans. The Department has also received a number of telephone calls from both students and higher education institutions.

Mr. Blunkett

To ask the Secretary of State for Education whether the Student Loans Company is on target for repayments in 1994–95.

Mr. Boswell

The Student Loans Company has been set a target of collecting 94.5 per cent. of all moneys due by the end of the 1994–95 financial year. As at 31 October 1994, it had collected 93.5 per cent. of moneys due at that date. The company estimates that it will achieve the target for the financial year.