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435694
registered interest false more like this
date less than 2015-12-07more like thismore than 2015-12-07
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 remove filter
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Students: Loans more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government what assessment they have made of the impact of changes in student loan repayments to freeze the £21,000 income threshold cap on students and graduates from lower and middle incomes. more like this
tabling member printed
Baroness Burt of Solihull more like this
uin HL4269 more like this
answer
answer
is ministerial correction true more like this
date of answer remove filter
answer text <br /><p><del class="ministerial">The budget for the Tradeshow Access Programme was £11.05M in 2014/15 and the estimated spend in 2015/16 is £10.25M.</del></p><p><del class="ministerial">For 2016/17 and beyond, UKTI will be reviewing how the Tradeshow Access Programme is aligned with other Export Services as part of the Comprehensive Spending Review settlement. It is therefore not possible to confirm the budget at this stage.</del></p><p><del class="ministerial">I will respond positively to a request for a meeting with the Sponsors Alliance subject to diary commitments.</del></p><br /><p><ins class="ministerial">The Government published an Equality Analysis of the impact of freezing the student loan repayment threshold on 25th November.</ins></p><p><ins class="ministerial"></ins></p><p><ins class="ministerial">All borrowers whose earnings are above the repayment threshold will pay around £6 per week more (in nominal terms) by 2020/21. Those individuals with the lowest lifetime earnings will be affected the least, because they will either never earn above the earnings threshold, or will only do so for a more limited period of the loan’s life.</ins></p><p><ins class="ministerial"></ins></p><p><ins class="ministerial">The full Equality Analysis is attached, but can also be found at the following link: <a href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/479559/bis-15-635-freezing-student-loan-repayment-threshold-equality-analysis.pdf" target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/479559/bis-15-635-freezing-student-loan-repayment-threshold-equality-analysis.pdf</a></ins></p>
answering member printed Baroness Evans of Bowes Park more like this
question first answered
less than 2015-12-15T16:20:37.12Zmore like thismore than 2015-12-15T16:20:37.12Z
question first ministerially corrected
less than 2015-12-21T13:24:16.81Zmore like thismore than 2015-12-21T13:24:16.81Z
answering member
4329
label Biography information for Baroness Evans of Bowes Park more like this
attachment
1
file name HL4269 attachment -freezing-student-loan-repayment-threshold-equality-analysis.pdf more like this
title Equality Analysis more like this
previous answer version
35662
answering member printed Lord Maude of Horsham more like this
answering member 115
tabling member
1567
label Biography information for Baroness Burt of Solihull more like this