Question

To ask the Secretary of State for Business, Innovation and Skills, what the estimated RAB charge is for part-time undergraduate students in England; and what data this calculation is based on.

The latest RAB charge assumption was published in response to a Parliamentary from the Rt hon Member for Birmingham, Hodge Hill (Liam Byrne) on 26 June 2014, Official Report, Col 291-2W. This is a cautious assumption as those who have received part time loans are not yet in repayment, and we therefore have no data on the actual pattern of repayments. The actual RAB charge will depend on many factors such as the age profile of borrowers, their future earnings and levels of non-completion of studies. My Department will revise this assumption as repayment data becomes available.