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Students: Loans

Question for Department for Education

UIN 129057, tabled on 24 February 2022

To ask the Secretary of State for Education, pursuant to the oral contribution of the Minister for Universities of 15 July 2021, Official Report, column 646, that the Government will provide an update on alternative student finance as it concludes the post-18 review of education and funding, what plans he now has to introduce a system of alternative student finance.

Answered on

1 March 2022

The government’s priority, in our response to the report of the Independent Panel of the Review of Post 18 Education and Funding, is to put the student finance system on a sustainable footing for the long term.

As part of our response, we are introducing the Lifelong Loan Entitlement (LLE). We are considering if and how Alternative Student Finance (ASF) could be delivered as part of the LLE.

We believe it is sensible to align future delivery of an ASF product with these major reforms to ensure fair treatment for all students.

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