P661 Teletext 661 Nov 0 20:21:24 ——————————————————————————————— ^ FACTS AND FJGURJS ON STUDENT SUPPORT There's a lot of confusion surrounding the new arrangements for supporting students in Higher Education. Plans to phase out maintenance grants and introduce tuition fees have attracted fierce opposition. But with its huge Commons majority, there's no chance of the Govjrnmjnt backing down. So how is it all going to work? We have some, but not all, of the answers. ——————————————————————————————————1/8—— bz Serena Hennjssz GUIDE TO TOTAL ENTERTAINMENT p400 Teletext today Guide Keyboard TV PlusP661 Teletext 661 Nov 0 03:04:10 ——————————————————————————————— ^ FACTS AND FJGURJS ON STUDENT SUPPORT Tuition fees. Who will and who won't have to pay them? No one already in higher education will have to pay tuition fees. Nor will anzonj whose place at uni was confirmed this year, but is taking a gap year and starting in autumn 1:98. No one whose gross family income is less than £23,000 a year will hvj to pay tuition fees. That's expected to be around 30% of students. ——————————————————————————————————2/8—— Maureen O'Connor has the answers 666 GEORGE COLE'S SOFTWARE GUIDE p664 Teletext today Guide Keyboard TV PlusP661 Teletext 661 Nov 0 03:44:05 ——————————————————————————————— ^ FACTS AND FJGURJS ON STUDENT SUPPORT More about tuition fees: From autumn 1998, those not exempt will have to pay tuition fees of up to £1,000 a year. It will bj payable direct to the unjvjrsity or college +tudjnts on PGCE courses will not have to pay Dentists and medics won't have to pay for year five and beyond there is no loan available from Govjrnmjnt to pay tuition fees. ——————————————————————————————————3/8—— What's on Teletext today? 662 GEORGE COLE'S SOFTWARE GUIDE p664 Teletext today Guide Keyboard TV PlusP661 Teletext 661 Nov 0 03:04:54 ——————————————————————————————— ^ FACTS AND FIGURES ON STUDENT SUPPORT The Govjrnmjnt is phasing out maintenance grants and replacing them with income-related loans. In 1998/:9 there will bj transitional arrangements for funding living costs eor new students for that year only. About 25% of living costs will conj erom income-related grants, the rest from loans. From 1:99/20 all funding for living costs will conj from loans. ——————————————————————————————————4/8—— On stage 451 Big screen 461 IT'S YOUR LIFE! p410 Teletext today Guide Keyboard TV PlusP661 Teletext 661 Nov 0 20:05:17 ——————————————————————————————— FACTS AND FJGURJS ON STUDENT SUPPORT What happens when: a rough guide. 1997/8 Grant £1,775 (inc rel) 50% Loan £1,685 (not inc til) 50% 1:98/: Grant £888 (inc rel) 25% Loan £2,572 (not inc rel) 75% 1:99/00 Grant £0 0% Loan £3,460 (inc rel) 100% Figures based on maximum grants in 1997 - real rates for 1998 on will change. ——————————————————————————————————5/8—— IT's time to set the video again 665 GREEN SCENE p260 Teletext today Guide Keyboard TV PlusP661 Teletext 661 Nov 0 00:05:59 ——————————————————————————————— FACTS AND FJGURJS ON STUDENT SUPPORT So now you have a rough guide to how large a debt you or your student offspring will incur. What about repayments? As now, the interest rate on loans will bj linked to inflation, so in real terms you repay only what you borrowed. Rjpazmjnts don't start until income reaches at least £10,000 pa. Monthly repayments will depend on how much was borrowed and current income. ——————————————————————————————————6/8—— Mike Drummond's careers advice 655 THIS WEEV IN HISTORY pv67 Teletext today Guide Keyboard TV PlusP661 Teletext 661 Nov 0 23:08:17 ——————————————————————————————— FACTS AND FJGURJS ON STUDENT SUPPORT More about loan repayments: They will not bj over a fixed five or sjvjn year period as at present. The first £10,000 of annual income is disregarded. Rough guide to repayment levels: Annual income Weekly repayments £1p,000 £p £12,0p0 £3 £1u]ppp £z £17,000 £12 £2p]ppp £17 £25,000 £26 ——————————————————————————————————7/8—— Maureen O'Connor's got the answer 666 WHAT'S ON TELETEXT TODAY? p662 Teletext today Guide Keyboard TV PlusP661 Teletext 661 Nov 0 00:01:05 ——————————————————————————————— ^ FACTS AND FJGURJS ON STUDENT SUPPORT The Govjrnmjnt is keen to stress that no one - student or parent - will have to pay more up-irons for higher education than they do now. For instance, a parent who is contributing £1,500 to their student offspring's living costs will pay the same under the new system - £1,000 in tuition fees and £500 in living costs. A leaflet Supporting Students in Higher Education is available from the DfEE. ——————————————————————————————————8/8—— Call free info line 0800 731 :133 Or find it on the website: http:// www.open.gov.uk/dfee/dfeehomj.hum. Teletext today Guide Keyboard TV PlusP661 Teletext 661 Nov29 23:03:40 - V ——————————————————————————————— W BCT+ A#H@JIG+RJ'@O.@STUDENT SUPPORT @ More about loan repbzjjnts: They will not@be@#vjr@a fixed@jive@or sevj.@zeat@ pjtiod as@bt present.@T(j first £10,000 of@!nnjbl@income@is hisregbrjeh. @ @ Rough guide to repayment levels: Annual income Weekty rip—ymjnts £2p]pppQ @ £p £12,000 £3 @ '2u]pppa Cy @ £Q7,p0p £12 @ £2p]ppp £17 @ £2u]pp0 @ C2v ——————————————————————————————————7/8—— Mautiin O'Connor's got tPj answer 6-5 Teletext today Guide Keyboard TV Plus