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Higher Education: Finance

Question for Department for Business, Innovation and Skills

UIN 220487, tabled on 12 January 2015

To ask the Secretary of State for Business, Innovation and Skills, what recent estimate he has made of the average unit costs of (a) the face value of student loans, (b) the resource costs of student loans, (c) teaching grants through the Higher Education Funding Council for England, (d) maintenance grant and (e) access spending by institutions in respect of additional students entering higher education in 2014-15.

This answer is the replacement for a previous holding answer.

Answered on

26 January 2015

Additional entrants to higher education in 2014-15 are funded on the same basis as other students. A summary of the average unit costs for students on the 2012 funding arrangements can be found in the Fiscal Sustainability Report published by the Office for Budget Responsibility in July 2014 (Table B.1, page 170).

Answered by

Department for Business, Innovation and Skills
Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.