Higher Education: Finance

(asked on 12th January 2015) - View Source

Question

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.


Answered by
Greg Clark Portrait
Greg Clark
This question was answered on 26th 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).

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