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93052

	registered interest
	date	13/10/2014
	answering body	Wales Office
	answering dept id	28
	answering dept short name	Wales
	answering dept sort name	Wales
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Wales, what steps he has taken to ensure that student loan companies provide bilingual services to students in Wales.
	tabling member constituency	Clwyd South
	tabling member printed	Susan Elan Jones
	uin	210164
	answer	answer is ministerial correction date of answer 20/10/2014 answer text <p>The Student Loans Company has a Welsh language scheme that was approved by the Welsh Language Board in 2009. The Welsh Language Commissioner will carry out an investigation into applying Welsh language standards to the Student Loans Company as part of the second wave of investigations, due to commence in November 2014.</p><p>I would be pleased to consider any specific information that the hon Lady might bring to my attention in regard to Honours Student Loans.</p><p> </p> answering member constituency Vale of Glamorgan answering member printed Alun Cairns grouped question UIN 210071 question first answered 20/10/2014 09:29:45 answering member 4086 label Biography information for Alun Cairns
	tabling member	3956 label Biography information for Susan Elan Jones

1027709

	registered interest
	date	18/12/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what estimate he has made of the amount by which the deficit will increase in 2018 as a result of the ONS decision on the treatment of student loans in Government accounts.
	tabling member constituency	Ilford North
	tabling member printed	Wes Streeting
	uin	203421
	answer	answer is ministerial correction date of answer 07/01/2019 answer text <p>The Office for Budget Responsibility (OBR) published estimates of potential impacts of the new treatment on the deficit in their October 2018 Economic and fiscal outlook, which is available here: https://obr.uk/box/accounting-for-student-loans/</p><p> </p><p>However, the Office for National Statistics (ONS) has made it clear that there is a lot to decide before their methodology is finalised. The ONS currently aim to fully implement the new treatment for student loans in the public sector finances in September 2019.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 07/01/2019 14:23:44 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4504 label Biography information for Wes Streeting

1109887

	registered interest
	date	04/04/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Students: Loans
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty's Government, following Office for National Statistics changes to the recording of student loans in the national accounts, what proportion of student loan payments will be classed as (1) government lending, and (2) government spending.
	tabling member printed	Lord Mendelsohn
	uin	HL15079
	answer	answer is ministerial correction date of answer 15/04/2019 answer text <p>The Office for Budget Responsibility (OBR) published updated estimates of potential fiscal impacts from the new student loans accounting treatment in Annex E of their March 2019 Economic and fiscal outlook.</p><p> </p><p>However, the Office for National Statistics (ONS) has made it clear that there is a lot to decide before their methodology is finalised. The ONS plan to fully implement the new treatment for student loans in the public sector finances in September 2019.</p> answering member printed Lord Bates question first answered 15/04/2019 14:51:23 answering member 1091 label Biography information for Lord Bates
	tabling member	4286 label Biography information for Lord Mendelsohn

947674

	registered interest
	date	24/07/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what representations his Department has made to the Office for National Statistics on their work on considering alternative treatments for student loans in the national accounts.
	tabling member constituency	Hayes and Harlington
	tabling member printed	John McDonnell
	uin	167879
	answer	answer is ministerial correction date of answer 04/09/2018 answer text <p>National accounts classification decisions are the responsibility of the independent ONS, following international accounting standards. The Treasury assist the ONS in collating information that is pertinent to their decisions.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 04/09/2018 14:19:37 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	178 label Biography information for John McDonnell

999322

	registered interest
	date	31/10/2018
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, with reference to table A.1 on page 231 of the Office for Budget Responsibility's Economic and fiscal outlook: October 2018 publication, what estimate he has made of the loss to the public purse of revenue arising from the sale of student loans in each year of the forecast period.
	tabling member constituency	Ashton-under-Lyne
	tabling member printed	Angela Rayner
	uin	186328
	answer	answer is ministerial correction date of answer 05/11/2018 answer text <p>The programme of sales of pre-2012 income-contingent student loans is intended to raise £15bn in total by 2022/23, reducing Public Sector Net Debt. Each sale is subject to market conditions and a value for money test, which takes into account foregone repayments and assesses whether the government is better off holding or selling the assets when taking account of the time value of money, the effect of inflation, the riskiness of the asset and the opportunity cost of having money tied up in that asset. The government does not publish a year-by-year estimate of the sales programme, as the timing and size of sales remain flexible in order to maximise value for money. The National Audit Office reviewed the first sale and concluded that the government achieved value for money.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 05/11/2018 15:26:02 answering member 4097 label Biography information for Elizabeth Truss
	tabling member	4356 label Biography information for Angela Rayner

891373

	registered interest
	date	25/04/2018
	answering body	Northern Ireland Office
	answering dept id	21
	answering dept short name	Northern Ireland
	answering dept sort name	Northern Ireland
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Northern Ireland, if she will bring forward legislative proposals to increase the student loan repayment threshold for students who have taken out loans in Northern Ireland.
	tabling member constituency	Tewkesbury
	tabling member printed	Mr Laurence Robertson
	uin	137894
	answer	answer is ministerial correction date of answer 30/04/2018 answer text <p>This is a devolved matter in Northern Ireland and therefore decisions on this issue are for local politicians in locally accountable political institutions to consider and act upon. The Secretary of State for Northern Ireland is continuing to meet the political parties to review the current position and explore how we might achieve the restoration of devolution while ensuring the good governance of Northern Ireland in the interim.</p> answering member constituency North West Cambridgeshire answering member printed Mr Shailesh Vara question first answered 30/04/2018 14:08:17 answering member 1496 label Biography information for Shailesh Vara
	tabling member	253 label Biography information for Mr Laurence Robertson

173575

	registered interest
	date	14/01/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Students: Loans
	house id	2
	legislature	25277 pref label House of Lords
	question text	To ask Her Majesty’s Government whether they have considered any scheme to provide inheritance tax relief on bequests which are specifically and solely in respect of paying off student loans; and, if so, what assessment they have made of the impact such a scheme might have on the overall amount of student debt which remains unpaid after 30 years.
	tabling member printed	Lord Tyler
	uin	HL4135
	answer	answer is ministerial correction date of answer 26/01/2015 answer text <p>The Government has no plans to provide a targeted inheritance tax relief in respect of paying off student loans. The current inheritance tax nil rate band and rules for lifetime gifts means the vast majority of individuals are able to make bequests or gifts for this purpose without inheritance tax being a consideration.</p><p> </p><p> </p><p> </p><p>The Government keeps all taxes under review.</p><p> </p> answering member printed Lord Deighton question first answered 26/01/2015 16:49:48 answering member 4262 label Biography information for Lord Deighton
	tabling member	225 label Biography information for Lord Tyler

390674

	registered interest
	date	16/07/2015
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what Barnett consequential will accrue to Wales as a result of the planned saving of £2.5 billion of the decision to replace maintenance grants with maintenance loans for students in England.
	tabling member constituency	Carmarthen East and Dinefwr
	tabling member printed	Jonathan Edwards
	uin	7618
	answer	answer is ministerial correction date of answer 24/07/2015 answer text <p>As the changes to maintenance arrangements will come into effect for the academic year 2016-17, they will be factored into the budget for the Department for Business, Innovation and Skills which will be set at the forthcoming Spending Review. The Barnett Formula will be applied to this settlement in the usual way.</p><p> </p><p> </p><p> </p><p>Should the Welsh Government choose to offer students from Wales maintenance loans on a similar basis, the Treasury will make available a proportionate level of cover.</p><p> </p> answering member constituency East Hampshire answering member printed Damian Hinds question first answered 24/07/2015 12:09:45 answering member 3969 label Biography information for Damian Hinds
	tabling member	3943 label Biography information for Jonathan Edwards

451485

	registered interest
	date	09/02/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, how the Government determines the Scottish Government's allocation of non-cash departmental expenditure budget for student loans.
	tabling member constituency	Orkney and Shetland
	tabling member printed	Mr Alistair Carmichael
	uin	26657
	answer	answer is ministerial correction date of answer 12/02/2016 answer text <p>The Barnett Formula is applied in the normal way to calculate the Scottish Government’s allocation of non-cash departmental expenditure budget for student loans.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 12/02/2016 14:41:56 answering member 1526 label Biography information for Greg Hands
	tabling member	1442 label Biography information for Mr Alistair Carmichael

506284

	registered interest
	date	08/04/2016
	answering body	HM Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	CaTreasury
	hansard heading	Students: Loans
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask Mr Chancellor of the Exchequer, what discussions he has had with his counterparts in the devolved administrations on the Government's change to the discount rate applied to student loans.
	tabling member constituency	Livingston
	tabling member printed	Hannah Bardell
	uin	33215
	answer	answer is ministerial correction date of answer 13/04/2016 answer text <p>The Department for Business, Innovation and Skills (BIS) applies HM Treasury’s long term discount rate to calculate the carrying value of English student loans shown in the BIS financial statements.</p><p> </p><p>Loans issued by devolved administrations are shown in their respective financial statements. The accounting treatment and discount rates applied are a matter for them.</p><p> </p><p>HM Treasury is always open to discussion with the devolved administrations about such matters.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands grouped question UIN 33223 question first answered 13/04/2016 10:25:46 answering member 1526 label Biography information for Greg Hands
	tabling member	4486 label Biography information for Hannah Bardell