1. Claire Callender Professor of Social Policy South Bank University Changing Student Financial Support in the UK 9 May 2003 callencs@sbu.ac.uk

2. 1998 Education and Training Act Means-tested tuition fees Abolition of student grants Student loans for living cost New method for repaying loans

3. The Future of Higher Education  Means-tested HE Grant up to £1,000 for students from households with incomes < £20,000.  Variable tuition fees up to £3,000, paid after graduation.  A rise in student loan repayment threshold from £10,000 to £15,000. Student loans for living expenses - unchanged. Help with tuition fees up to £1,100 - unchanged. OFFA

4. Modernising Higher Education The role of student support ‘adheres to progressive principles and facilitates access’ (para 69) secures an income stream for higher education of fee contributions and loan repayments which underpins expansion and the widening of opportunities’ (para 70) … Blunkett Jan. 2000

5. CHANGES IN STUDENTS’ SOURCES OF INCOME 1988/89-1998/99 (Students under 26 years)

7. MAIN SOURCES OF STUDENT SUPPORT 1998/9 by year of study

8. Who takes out student loans? 1st Year students Lone parents Students with the largest maintenance grants Students with large sums of commercial credit Source: Callender C & Kemp M (2000) Changing Student Finances, DfEE London

9. Who do not take out student loans? Asian students Students living with their parents Students attending Universities in London Source: Callender C & Kemp M (2000) Changing Student Finances, DfEE London

10. Financial Hardship 87% of students have financial concerns 61% of lone parents said their children had to go without toys, books and presents compared with 30% of married students with children 67% of lone parents had not bought books they needed compared to 37% of all students Source: Callender C & Kemp M (2000) Changing Student Finances, DfEE London

11. The impact of financial difficulties 76% of students from social classes IV and V felt their studies suffered because of financial difficulties compared with 57% of students from social classes I and II. 77% of lone parents felt their studies suffered compared with 57% of students in couples with children Source: Callender C & Kemp M (2000) Changing Student Finances, DfEE,London