Question reference: S3W-01234
- 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 outstanding debt is on student loans to pay the graduate endowment and what the total repayment figure is for such loans.
Answer
The combined outstanding debt held as student loans for those students who opted to fully or partly add their liability to their student loan for the three cohorts is £26,306,720.
The total amount repaid by students to the Student Loans Company (SLC) for graduate endowment loan debt is £57,000.
This is a correction to the earlier answer to this parliamentary question given by Fiona Hyslop MSP on 17 July 2007. I have written to Ms McKelvie to say that the Students Award Agency for Scotland has apologised for their mistake. My letter has been lodged with the Scottish Parliament Information Centre (Bib. number 43380).
The following is the original answer (published on 3 July 2007); see below.
Fiona HyslopThe combined outstanding debt held as student loans for those students who opted fully or partly to add their liability to their student loan for the three cohorts is £26,306,720.The total amount repaid by students to the Student Loans Company for graduate endowment loan debt is £47,000.
Figures provided by the Student Loans Company as at 6 April 2007.