To ask the Scottish Executive whether it will provide details of any changes to the rates of student support for further and higher education students which will apply for the academic year 2006-07.
I am delighted to announce the new rates of support for students in further and higher education for academic year 2006-07. I am today placing in the Scottish Parliament Information Centre details of the rates of those loans, bursaries and grants, which will be available to eligible undergraduate and postgraduate students in full-time higher education.
A general uprating factor of 2.5%, in line with inflation, will be applied to the existing schemes of support in 2006-07, thus maintaining their value in real terms. I am also announcing details of the new support package which will be available to new Scottish domiciled students entering higher education in England, Wales or Northern Ireland from 2006. As well as the details of the loans for fees and living cost support available to these students, it also gives details of the new Students Outside Scotland Bursary. This will replace the Young Students Outside Scotland Bursary with eligibility being extended to over 25s. The Students Outside Scotland Bursary will replace up to £2,000 of the student loan for living cost support available to those students from low income backgrounds.
The Scottish Funding Council has also agreed to maintain the alignment between the further and higher education sectors by, where appropriate, uprating the support available to further education students by 2.5%.
A copy of these rates is also being placed in the Scottish Parliament Information Centre (Bib. number 38766).