§ Mr. David MarshallTo ask the Secretary of State for Scotland how many loans to students have been made by the Student Loans Board (Scotland); what is the total value of the loans; how many(a) have been fully repaid, indicating the total sum repaid, (b) are in the process of being repaid, indicating the total sum so far repaid and (c) have made no repayment, indicating the total sum involved. [74405]
§ Mrs. Liddell[holding answer 9 March 1999]: The Student Loans Company Limited administers student loans for all UK students. The Scottish funding of loans and share of loan receipts is based on a notional split of the UK total which is approximately 11 per cent. The information is set out in the tables in respect of that proportion of the UK total which is deemed to be attributable to Scottish students studying throughout the UK.
Table 1: Loans made to students by the Student Loans Company Limited and their total value Number/Value Number of loans issued 442,879 Value of loans issued £423 million 1a. Number of loans fully repaid and the total sum repaid.
Number of loans fully repaid: 13,069.It is not possible to disaggregate the repayments attributable to these loans from the total repayments shown in tables 1b and 1c.
Table 1b: Loans in the process of being repaid, and the total sum repaid to date Number/Value Accounts in repayment 36,681 Total sum repaid £35 million 366W
Table 1c: Number of students who have made no repayment and the total sum involved Amount/Value Number of loans due to repay where no repayment received 2,937 Amount outstanding £1.54 million