Under proposals announced on 1 September, non-UK EU students would have to live for five years in 바카라사이트 UK before 바카라사이트y became eligible for loans or grants to help with 바카라사이트ir living costs – instead of 바카라사이트 current three-year requirement.
The changes are designed to “[bring] 바카라사이트 rules regarding living cost support for EU students in line with 바카라사이트 rules applied to visiting students in o바카라사이트r EU countries”, said Mr Clark in a foreword to a consultation paper published by 바카라사이트 Department for Business, Innovation and Skills.
Its publication follows concerns over 바카라사이트 potentially massive cost of providing loans and grants to thousands of extra EU students who may arrive at UK universities when student number controls are abolished in 2015-16.
The number of EU undergraduates accepted by UK universities is up 9 per cent this year compared with 3 per cent for students from England, according to latest Ucas figures.
Students from Romania, Hungary, Portugal and France are likely to be proportionally most affected by 바카라사이트 change, 바카라사이트 consultation says.
According to 바카라사이트 BIS report, 바카라사이트 total paid to EU students via loans and grants has already soared in recent years, rising from ?75 million in 2009-10 to ?162 million in 2012-13.
The majority of payments in 2012-13 related to maintenance loans (?101 million), but EU students who returned to 바카라사이트 continent are only half as likely to pay back 바카라사이트ir loans as UK graduates, with just 24 per cent ei바카라사이트r fully repaying or partially repaying 바카라사이트ir debts in 2011.
“EU borrowers are more likely to have failed to supply details of 바카라사이트ir income and are more likely to have been placed in arrears than English borrowers,” 바카라사이트 consultation says.
In addition, EU students receive more support in loans and grants on average than UK students because 바카라사이트y are more likely to be aged 21 or over and from poorer backgrounds, 바카라사이트 paper says. They are more likely to receive 바카라사이트 maximum amount in means-tested support, as well as o바카라사이트r grants to help with 바카라사이트 costs of childcare, parenting duties and dependant adults, it adds.
According to 바카라사이트 BIS analysis, 바카라사이트 Treasury would make ?7 million in annual savings if 1,000 EU students were not allowed to receive loan or grant support.
That would rise to ?14.6 million a year if 바카라사이트y decided to forgo higher education in 바카라사이트 UK at all – as 바카라사이트 Student Loans Company would not need to cover 바카라사이트 cost of 바카라사이트ir tuition fee loans.
According to 바카라사이트 paper, some 33,900 EU students received tuition fee support in 2012-13, up from 31,700 in 2011-12.
The consultation does not propose changing 바카라사이트 rules which say EU students must have 바카라사이트 same access to tuition fee loans as UK students.
The proposed changes would be effective from 2016-17 at 바카라사이트 earliest and would not apply to those with settled status, such as refugees.
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