- Asked by: Christina McKelvie, MSP for Central Scotland, Scottish National Party
-
Date lodged: Tuesday, 19 June 2007
-
Current Status:
Answered by Fiona Hyslop on 3 July 2007
To ask the Scottish Executive how many, and what percentage of, graduates from each of the three cohorts liable to pay the graduate endowment fee paid part in cash and part by extending their student loans and what the figures are across the three cohorts.
Answer
The number of studentswho paid part cash/part loan, the percentage of the liable group they representand the value collected part cash/ part loan for the three cohorts is:
| Year | No. of Students | % of Cohort | Value (£) |
| 2005 | 25 | 2% | 50,000 |
| 2006 | 124 | 1% | 248,270 |
| 2007 | 202 | 1% | 409,894 |
Figures provided bythe Student Awards Agency for Scotland as at 1 June 2007.
- Asked by: Christina McKelvie, MSP for Central Scotland, Scottish National Party
-
Date lodged: Tuesday, 19 June 2007
-
Current Status:
Answered by Fiona Hyslop on 3 July 2007
To ask the Scottish Executive how many, and what percentage of, graduates from each of the three cohorts liable to pay the graduate endowment fee paid it in cash and what the figures are across the three cohorts.
Answer
The number of studentswho paid in cash, the percentage of the liable group they represent and the valuecollected in cash for the three cohorts is:
| Year | No. of Students | % of Cohort | Value (£) |
| 2005 | 249 | 25% | 498,030 |
| 2006 | 2,621 | 32% | 5,248,608 |
| 2007 | 3,470 | 29% | 7,031,284 |
Figures provided bythe Student Awards Agency for Scotland as at 1 June 2007.
- Asked by: Christina McKelvie, MSP for Central Scotland, Scottish National Party
-
Date lodged: Tuesday, 19 June 2007
-
Current Status:
Answered by Fiona Hyslop on 3 July 2007
To ask the Scottish Executive how many, and what percentage of, graduates from each of the three cohorts liable to pay the graduate endowment fee paid by extending their student loans and what the figures are across the three cohorts.
Answer
The number of studentswho have opted to extend their student loan, the percentage of the liable groupthey represent and the value for those students who have opted to extend their studentloan for the three cohorts is:
| Year | No. of Students | % of Cohort | Value (£) |
| 2005 | 702 | 70% | 1,404,030 |
| 2006 | 5,204 | 64% | 10,429,170 |
| 2007 | 6,980 | 58% | 14,157,988 |
Figures provided bythe Student Awards Agency for Scotland as at 1 June 2007.
- Asked by: Christina McKelvie, MSP for Central Scotland, Scottish National Party
-
Date lodged: Tuesday, 19 June 2007
-
Current Status:
Answered by Fiona Hyslop on 3 July 2007
To ask the Scottish Executive what percentage of graduates from Scottish universities were liable for the graduate endowment in each year of its operation.
Answer
In the past threeyears of operation, the graduate endowment has been payable by the following percentagesof students:
2005 - 14% of studentswho graduated were liable to pay the endowment.
2006 - 56% of studentswho graduated were liable to pay the endowment.
2007 -52% of studentswho graduated were liable to pay the endowment.
Figures provided bythe Student Awards Agency for Scotland as at 1 June 2007.
- Asked by: Christina McKelvie, MSP for Central Scotland, Scottish National Party
-
Date lodged: Tuesday, 19 June 2007
-
Current Status:
Answered by Fiona Hyslop on 3 July 2007
To ask the Scottish Executive what the total outstanding debt is on student loans to pay the graduate endowment and what the total repayment figure is for such loans.
Answer
The combined outstanding debt held as student loans for those students who opted to fully or partly add their liability to their student loan for the three cohorts is £26,306,720.
The total amount repaid by students to the Student Loans Company (SLC) for graduate endowment loan debt is £57,000.
This is a correction to the earlier answer to this parliamentary question given by Fiona Hyslop MSP on 17 July 2007. I have written to Ms McKelvie to say that the Students Award Agency for Scotland has apologised for their mistake. My letter has been lodged with the Scottish Parliament Information Centre (Bib. number 43380).
The following is the original answer (published on 3 July 2007); see below.
Fiona HyslopThe combined outstanding debt held as student loans for those students who opted fully or partly to add their liability to their student loan for the three cohorts is £26,306,720. The total amount repaid by students to the Student Loans Company for graduate endowment loan debt is £47,000.
Figures provided by the Student Loans Company as at 6 April 2007.
- Asked by: Christina McKelvie, MSP for Central Scotland, Scottish National Party
-
Date lodged: Tuesday, 19 June 2007
-
Current Status:
Answered by Fiona Hyslop on 3 July 2007
To ask the Scottish Executive what the total graduate endowment fee charged has been and how much (a) was paid in cash, (b) was paid through extending student loans, (c) was paid through a combination of cash and extension of student loans, (d) is currently outstanding and (e) has been written off, also broken down by year of operation.
Answer
The information requestedin this question is given in the following table which shows what the total graduateendowment fee charged has been and how much (a) was paid in cash, (b) was paid throughextending student loans, (c) was paid through a combination of cash and extensionof student loans, (d) is currently outstanding and (e) has been written off, alsobroken down by year of operation.
| Year | Cash (a) | Loans (b) | Part Cash /Loan (c) | Outstanding (d) | Written Off (e) | Total |
| 2005 | £ 498,030 | £ 1,404,030 | £ 50,000 | £ 36,000 | £ 14,000 | £ 2,002,060 |
| 2006 | £ 5,248,608 | £ 10,429,170 | £ 248,270 | £ 366,870 | £ 24,030 | £ 16,316,948 |
| 2007 | £ 7,031,284 | £ 14,157,988 | £ 409,894 | £ 2,913,074 | £ - | £ 24,512,240 |
| Total | £ 12,777,922 | £ 25,991,188 | £ 708,164 | £ 3,315,944 | £ 38,030 | £ 42,831,248 |
Figures provided bythe Student Awards Agency for Scotland as at 1 June 2007.
- Asked by: Christina McKelvie, MSP for Central Scotland, Scottish National Party
-
Date lodged: Tuesday, 19 June 2007
-
Current Status:
Answered by Fiona Hyslop on 3 July 2007
To ask the Scottish Executive how many, and what percentage of, graduates from each of the three cohorts liable to pay the graduate endowment fee are in debt recovery and what the figures are across the three cohorts.
Answer
The number of studentswho are currently in debt recovery, the percentage of the liable group they representand the value for those students who are currently in debt recovery for the threecohorts is:
| Year | No. of Students | % of Cohort | Value (£) |
| 2005 | 18 | 2% | 36,000 |
| 2006 | 183 | 3% | 366,870 |
| 2007 | 0 | 0% | 0 |
Figures provided bythe Student Awards Agency for Scotland as at 1 June 2007.
It should be notedthat no students for the 2007 cohort are currently in debt recovery, however, 1,431(12%) of students from this cohort have still to respond to the Student Awards Agencyabout how they wish to pay and these students will be moved to debt recovery inJuly.
- Asked by: Christina McKelvie, MSP for Central Scotland, Scottish National Party
-
Date lodged: Tuesday, 19 June 2007
-
Current Status:
Answered by Fiona Hyslop on 3 July 2007
To ask the Scottish Executive how many, and what percentage of, graduates from each of the three cohorts liable to pay the graduate endowment fee have had their fee written off and what the figures are across the three cohorts.
Answer
The number of studentswho have had their fee written off, the percentage of the liable group they representand the value for those students who have had their fee written off for the threecohorts is:
| Year | No. of Students | % of Cohort | Value (£) |
| 2005 | 7 | 0.7% | 14,000 |
| 2006 | 12 | 0.2% | 24,030 |
| 2007 | 0 | 0.0% | 0 |
Figures provided bythe Student Awards Agency for Scotland as at 1 June 2007.
