Lord Barnett – 2014 Parliamentary Question to the Department for Business, Innovation and Skills
The below Parliamentary question was asked by Lord Barnett on 2014-05-06.
To ask Her Majesty’s Government, further to the Written Answer by Lord Ahmad of Wimbledon on 9 April (WA 302), what are the current terms of income contingent repayment loans.
Lord Ahmad of Wimbledon
The Education (Student Loans) (Repayment) Regulations set out the terms and conditions of income contingent student loans. This is also set out in the booklet Student Loans – a Guide to Terms and Conditions, the latest copy of which can be accessed at http://www.sfengland.slc.co.uk/media/666045/sfe_t_c_guide_1415_d.pdf . Students are informed at the time of taking out their student loan that the regulations may change from time to time and this means that the terms of their loan may also change.