Question reference: S3W-01233
- Asked by: Christina McKelvie, MSP for Central Scotland, Scottish National Party
- Date lodged: 19 June 2007
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Current status: Answered by Fiona Hyslop on 3 July 2007
Question
To ask the Scottish Executive what the total graduate endowment fee charged has been and how much (a) was paid in cash, (b) was paid through extending student loans, (c) was paid through a combination of cash and extension of student loans, (d) is currently outstanding and (e) has been written off, also broken down by year of operation.
Answer
The information requestedin this question is given in the following table which shows what the total graduateendowment fee charged has been and how much (a) was paid in cash, (b) was paid throughextending student loans, (c) was paid through a combination of cash and extensionof student loans, (d) is currently outstanding and (e) has been written off, alsobroken down by year of operation.
| Year | Cash (a) | Loans (b) | Part Cash /Loan (c) | Outstanding (d) | Written Off (e) | Total |
| 2005 | £ 498,030 | £ 1,404,030 | £ 50,000 | £ 36,000 | £ 14,000 | £ 2,002,060 |
| 2006 | £ 5,248,608 | £ 10,429,170 | £ 248,270 | £ 366,870 | £ 24,030 | £ 16,316,948 |
| 2007 | £ 7,031,284 | £ 14,157,988 | £ 409,894 | £ 2,913,074 | £ - | £ 24,512,240 |
| Total | £ 12,777,922 | £ 25,991,188 | £ 708,164 | £ 3,315,944 | £ 38,030 | £ 42,831,248 |
Figures provided bythe Student Awards Agency for Scotland as at 1 June 2007.