Student borrowing tops £3bn

June 12, 2007

Students at UK universities were lent more than £3bn in the last financial year, it emerged today.

The Student Loans Company said the total lent to all students during the financial year 2006-07 for English, Welsh, Scottish and Northern Irish universities was £3.4bn.

This compares with £2.9bn lent the previous year.

Provisional figures for the current academic year show English and other EU students studying at English universities were lent a total of £2.9bn, of which £386.5m related to tuition fee loans.

Student borrowing tops £3bn | News_ | Guardian Unlimited Money