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47136

	registered interest
	date	07/04/2014
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, if he will break down by component elements the increase in the RAB charge from 33 per cent to 45 per cent.
	tabling member constituency	Birmingham, Hodge Hill
	tabling member printed	Mr Liam Byrne
	uin	195456
	answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>The increase in the RAB charge has been due to:</p><p> </p><p>- macroeconomic effects – earnings growth has been lower than expected since the £21,000 threshold was set making it more generous in real terms than was expected at the time it was set; and</p><p>- modelling changes – we have made methodological improvements to our modelling of individual borrower's earnings over time. We have done this through a new approach that takes greater account of an individual's past earnings and of Student Loans Company data on actual loan repayments.</p> answering member constituency Havant answering member printed Mr David Willetts question first answered 28/04/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
	tabling member	1171 label Biography information for Liam Byrne

47137

	registered interest
	date	07/04/2014
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the proportion of student loans issued under the (a) pre-2012 and (b) new funding system that will be fully written off.
	tabling member constituency	Birmingham, Hodge Hill
	tabling member printed	Mr Liam Byrne
	uin	195458
	answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>Our model is designed to estimate aggregate repayments across the full range of borrowers. It does not estimate outcomes at the individual level, such as the probability of an individual's loan balance being fully written off.</p><p> </p><p>However, Student Loans Company data for early pre-2012 cohorts show that that around 10% of the cohorts up to 2005 have made no repayments since taking out their loans.</p> answering member constituency Havant answering member printed Mr David Willetts question first answered 28/04/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
	tabling member	1171 label Biography information for Liam Byrne

47138

	registered interest
	date	07/04/2014
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what his Department's estimate is of the latest RAB charge for part-time students.
	tabling member constituency	Birmingham, Hodge Hill
	tabling member printed	Mr Liam Byrne
	uin	195459
	answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>The current estimate for the resource accounting and budgeting charge for part-time students is 65%.</p> answering member constituency Havant answering member printed Mr David Willetts question first answered 28/04/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
	tabling member	1171 label Biography information for Liam Byrne

47140

	registered interest
	date	07/04/2014
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what he expects the RAB charge to be for extra students entering higher education when the present cap on student numbers is removed in 2014-15.
	tabling member constituency	Birmingham, Hodge Hill
	tabling member printed	Mr Liam Byrne
	uin	195413
	answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>We produce a single RAB charge that is an estimate of the overall cost of issuing loans to students. This charge is currently around 45% for full time students. Similarly, a single RAB charge will be applied to all students entering higher education in 14-15.</p> answering member constituency Havant answering member printed Mr David Willetts question first answered 28/04/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
	tabling member	1171 label Biography information for Liam Byrne

47464

	registered interest
	date	08/04/2014
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, when the Higher Education Funding Council for England will run its annual monitoring exercise to collect information about the ongoing financial sustainability, quality of provision, and changes to management and governance arrangements at alternative learning providers; and when the Higher Education Funding Council for England will publish this information.
	tabling member constituency	Birmingham, Hodge Hill
	tabling member printed	Mr Liam Byrne
	uin	195764
	answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>The Department will publish guidance on the annual monitoring process and associated timetable in July 2014.</p> answering member constituency Havant answering member printed Mr David Willetts grouped question UIN 195753 question first answered 28/04/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
	tabling member	1171 label Biography information for Liam Byrne

47469

	registered interest
	date	08/04/2014
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, when the Higher Education Funding Council for England plans to commence its annual monitoring exercise to collect information about the ongoing financial sustainability, quality of provision and changes to management and governance arrangements at alternative learning providers; and when that body plans to publish such information.
	tabling member constituency	Birmingham, Hodge Hill
	tabling member printed	Mr Liam Byrne
	uin	195753
	answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>The Department will publish guidance on the annual monitoring process and associated timetable in July 2014.</p> answering member constituency Havant answering member printed Mr David Willetts grouped question UIN 195764 question first answered 28/04/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
	tabling member	1171 label Biography information for Liam Byrne

47471

	registered interest
	date	08/04/2014
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, whether any alternative learning providers have notified the Higher Education Funding Council for England of material changes which may affect their financial sustainability or quality of provision.
	tabling member constituency	Birmingham, Hodge Hill
	tabling member printed	Mr Liam Byrne
	uin	195761
	answer	answer is ministerial correction date of answer 28/04/2014 answer text <p>The requirement for providers to notify the Higher Education Funding Council for England (HEFCE) of material changes which may affect their financial sustainability or quality of provision is a new condition that providers are required to meet after they have successfully applied to have courses designated under the under the new specific course designation arrangements. All alternative providers must go through the new process during the 2013/14 academic year. Of those providers that have already successfully applied none has yet notified HEFCE of material changes which may affect their financial sustainability or quality of provision.</p> answering member constituency Havant answering member printed Mr David Willetts question first answered 28/04/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
	tabling member	1171 label Biography information for Liam Byrne

47470

	registered interest
	date	08/04/2014
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what appeals process is in place for alternative providers which unsuccessfully applied to have courses designated under the new specific course designation arrangements; and whether any alternative providers have successfully so appealed.
	tabling member constituency	Birmingham, Hodge Hill
	tabling member printed	Mr Liam Byrne
	uin	195760
	answer	answer is ministerial correction date of answer 30/04/2014 answer text <p>Applications for specific designation under the new specific designation arrangements are decided by the Secretary of State. There is no appeals process.</p> answering member constituency Havant answering member printed Mr David Willetts question first answered 30/04/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
	tabling member	1171 label Biography information for Liam Byrne

46712

	registered interest
	date	03/04/2014
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, what estimate his Department has made of the number of (a) successful and (b) unsuccessful bids from Local Enterprise Partnerships for the Local Growth Fund to date.
	tabling member constituency	Birmingham, Hodge Hill
	tabling member printed	Mr Liam Byrne
	uin	195055
	answer	answer is ministerial correction date of answer 06/05/2014 answer text <p>All 39 Local Enterprise Partnerships (LEPs) submitted their Strategic Economic Plans to Government by 31 March 2014. Given the highly competitive nature of the Local Growth Fund (LGF), it will be over-subscribed and therefore there will be successful and unsuccessful bids to the fund. The assessment process is underway, but it is too early to say how many bids will and will not be successful.</p> answering member constituency Sevenoaks answering member printed Michael Fallon question first answered 06/05/2014 12:00:00 answering member 88 label Biography information for Sir Michael Fallon
	tabling member	1171 label Biography information for Liam Byrne

48410

	registered interest
	date	25/04/2014
	answering body	Department for Business, Innovation and Skills
	answering dept id	26
	answering dept short name	Business, Innovation and Skills
	answering dept sort name	Business, Innovation and Skills
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Innovation and Skills, with reference to page 204 of HM Treasury's Central Government and Supply Estimates 2013-14, February 2014, HC 1006, if he will provide a breakdown of the £15.877 million supplementary estimate for the increase in costs of student loan debt sale.
	tabling member constituency	Birmingham, Hodge Hill
	tabling member printed	Mr Liam Byrne
	uin	196546
	answer	answer is ministerial correction date of answer 06/05/2014 answer text <p>The Supplementary Estimate adjustment for the student loan debt sale relates to the Government subsidising the sale of student loans in 1998 and 1999. The adjustment reflects changes to the value of the Government liability following annual debt sale subsidy payments, including adjustments for cancelled loans.</p><p> </p><p>The subsidy will continue until all the loans are extinguished which is expected to be no earlier than 2028, which is the 30 year duration of the first debt sale agreement.</p><p> </p><p>Further details of the liability are available in the BIS Annual Report and Accounts.</p><p><strong> </strong></p><p> </p><p> </p> answering member constituency Havant answering member printed Mr David Willetts question first answered 06/05/2014 12:00:00 answering member 53 label Biography information for Lord Willetts
	tabling member	1171 label Biography information for Liam Byrne