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29 Oct 2009 : Column 550W—continued
Total applications received
Applications approved
Applications currently being processed
Ineligible/withdrawn applications
Applications started online but not completed
Further information required from student/sponsors
Students receiving first maintenance payment.
The first release of this information will be on 27 October 2009, and this will cover the processing and payment up to and including 18 October 2009. This will be followed by a further two updates at weekly intervals. The information will be made available on the Student Loans Company website.
Mr. Drew: To ask the Minister of State, Department for Business, Innovation and Skills how many students have not yet had their application to the Student Loans Company finalised; and what assessment he has made of undue delays in finalising loans on the ability of new students to manage their finances without having to resort to other loans and bank overdrafts. [292489]
Mr. Lammy: The Student Loans Company will shortly release figures to show the levels of processing and payment of Student Support in England for the 2009-10 academic year.
The releases will include the following information:
Total applications received
Applications approved
Applications currently being processed
Ineligible/withdrawn applications
Applications started online but not completed
Further information required from student/sponsors
Students receiving first maintenance payment.
The first release of this information will be on 27 October 2009, and this will cover the processing and payment up to and including 18 October 2009. This will be followed by a further two updates at weekly intervals. The information will be made available on the Student Loans Company website.
The Access to Learning Fund, provided by the Government and administered by Higher Education Institutions, can provide assistance to students in financial hardship.
Matthew Taylor: To ask the Minister of State, Department for Business, Innovation and Skills how much has been deducted in student loan repayments from the salaries of individuals in each income group resident in (a) the Truro and St. Austell constituency, (b) Cornwall and (c) England in each of the last five years. [295635]
Mr. Lammy: Deductions from salaries are made when the borrower's income is above £15,000 per year, £1,250 per month or £288 per week. A borrower who starts work late in the tax year on an annual salary above £15,000 will have deductions made but may have earnings during the tax year of less than £15,000.
Reliable information is not available at constituency level.
Matthew Taylor: To ask the Minister of State, Department for Business, Innovation and Skills how many people of each age group resident in (a) the Truro and St. Austell constituency, (b) Cornwall and (c) England had not repaid their student loans on the latest date for which figures are available. [295636]
Mr. Lammy: Borrowers become liable to repay their loans in the April after they leave their course (the statutory repayment due date, SRDD). After that date those with earnings of over £15,000 will repay, usually by deductions from salary. Those liable to repay who have not yet made a repayment will include borrowers whose earnings are below the repayment threshold, have gone on to further study or are doing voluntary work.
Reliable information is not available at constituency level.
Matthew Taylor: To ask the Minister of State, Department for Business, Innovation and Skills what estimate his Department has made of the average time it will take for an individual to repay in full a student loan taken out (a) before and (b) after 2006. [295637]
Mr. Lammy: We estimate that students who entered higher education since 1998, who took out Income Contingent Repayment student loans, and who fully repay, will take an average of around 13 years to do so.
Telephones: North West
Andrew Stunell: To ask the Minister of State, Department for Business, Innovation and Skills what estimate he has made of the number of (a) households and (b) businesses in each local authority area in the North West that will be (i) liable for and (ii) exempt from payment of the levy on telephone lines proposed in the Digital Britain White Paper. [296439]
Mr. Timms: This Department has made no specific estimate of the number of (a) households and (b) businesses in each local authority area in the North West which will be (i) liable for and (ii) exempt from payment of the levy on telephone lines proposed in the Digital Britain White Paper.
Ofcom estimates that there are over three million fixed lines in the North West area. We do not have estimates on the number of people on benefits in this area but recognise that those on the lowest incomes might have difficulty paying the fixed line levy and that is why we have confirmed that those on social telephony schemes will be exempt. The social telephony schemes are available to those on income support, income-based Job Seeker's Allowance, Employment Support Allowance (income rated) or Guaranteed Pensions Credit.
Train to Gain Programme
Mr. Willetts: To ask the Minister of State, Department for Business, Innovation and Skills how many qualifications at each level have been awarded through Train to Gain in each year since the programme's inception. [296255]
Kevin Brennan: Train to Gain achievements for 2005/06 (April to July) to 2008/09, by level, were published in table 7.2 of the Post-16 Education and Skills statistical first release (SFR) on 22 October 2009:
Mr. Willetts: To ask the Minister of State, Department for Business, Innovation and Skills how many qualifications have been awarded to individuals working for (a) small, (b) medium-sized and (c) large companies through Train to Gain in each year since the programme's inception. [296256]
Kevin Brennan: The table shows Train to Gain achievements by employer size, in each year since the programme's inception.
| Train to Gain achievements by employer size | ||||
| Employer size (number of employees) | 2005 - 06 | 2006 - 07 | 2007 - 08 | 2008 - 09( 1) |
| (1) Provisional data. Notes: 1. Numbers have been rounded to the nearest hundred and may not sum to totals due to rounding. 2. Figures for 2008/09 are not comparable with earlier years. In 2008/09 NVQs delivered in the workplace which were previously funded by FE are now funded through Train to Gain. Source: WBL ILR | ||||
UK High Technology Fund
Adam Afriyie: To ask the Minister of State, Department for Business, Innovation and Skills pursuant to the answer of 9 September 2009, Official Report, column 2092W, on the UK High Technology Fund (UKHTF), what the cost of management fees related to the UKHTF has been in each year since its formation; for what reasons the number of companies receiving funding through the UKHTF was lower in 2007 and 2008 than in 2006; which underlying funds have received funding from the UKHTF; what the monetary value of funding from the UKHTF to underlying funds was in each year since 2001; and how much funding remains available for (a) future funding of underlying funds and (b) in underlying funds which have received funding from UKHTF for future investments in business. [292909]
Ms Rosie Winterton [holding answer 14 October 2009]: The following table provides a response to the questions related to underlying funds that have received funding from the UKHTF; the monetary value of investments from the UKHTF to underlying funds in each year since 2001; and how much funding remains available for future funding of underlying funds.
The number of companies receiving investment through UKHTF was lower in 2007 and 2008 than in 2006 as a natural consequence of the underlying funds entering their post investment period where the focus was towards managing out and exiting the existing portfolio.
Unfortunately the information requested in this question about cost of management fees related to UKHTF is commercially sensitive at this time in light of work BIS is undertaking to source a fund of funds manager for the UK Innovation Investment Fund (UKIIF). The information will be released once the UKIIF fund of funds manager is appointed and this is likely to happen at the end of December.
We are unable to answer the question about how much funding remains available in underlying funds which have received funding from UKHTF for future investments in business, as this goes beyond the Department's interaction with the fund of funds manager.
| Commitment | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | Total | Commitment remaining | |
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