Autumn statement: schooling sector welcomes postgraduate pupil loans

An supply of loans of up to £10,000 to college students taking taught postgraduate degrees has been greeted with enthusiasm by the education sector.

In accordance to Treasury estimates the new loans would see an extra 10,000 college students taking this kind of degrees each and every year, giving a shot in the arm to university departments that have witnessed an overall drop in the variety of undergraduates going on to postgraduate review in recent many years.

The loans will be accessible to students resident in England learning in the Uk and EU students taking taught programs at universities in England, aged thirty and beneath, from 2016. They will be obtainable to part-time and complete-time college students.

Announcing the new scheme, the chancellor, George Osborne, said: “Until now there has been practically no fiscal support available, and the upfront fees of postgraduate degrees deter bright college students from poorer backgrounds.”

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