Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Liam Byrne on 2014-04-07.

To ask the Secretary of State for Business, Innovation and Skills, what he expects the RAB charge to be for extra students entering higher education when the present cap on student numbers is removed in 2014-15.

Mr David Willetts

We produce a single RAB charge that is an estimate of the overall cost of issuing loans to students. This charge is currently around 45% for full time students. Similarly, a single RAB charge will be applied to all students entering higher education in 14-15.