Justin Madders – 2016 Parliamentary Question to the Department for Business, Innovation and Skills
The below Parliamentary question was asked by Justin Madders on 2016-05-26.
To ask the Secretary of State for Business, Innovation and Skills, what estimate his Department has made of the proportion of nursing, midwifery and allied healthcare graduates who are expected to pay off their student loan in full.
Joseph Johnson
The Government announced in the 2015 Spending Review that from 1 August 2017, all new nursing, midwifery and allied health professional students will receive their funding and financial support through the standard student support system, rather than through the current NHS Bursary Scheme. The changes will enable us to lift the cap on the number of students on nursing, midwifery and allied healthcare courses and provide full time students on these courses with access to around 25% additional financial support for living costs. We expect this reform to enable universities to provide up to 10,000 additional nursing, midwifery and allied health training places over this Parliament.
The proportion of students that will fully repay their loans is estimated for the total full time student population, rather than separately for students on different courses. On this basis, we estimate that between 45% and 50% of student loan borrowers are expected to pay off their student loan in full.
