Freeze on East European student loans

The Times is reporting that student loans to Bulgarians and Romanians on courses in Britain have been frozen after a “suspicious” rise in applications…

David Willetts, the Universities Minister, said that there had been a significant increase in the number of students who had been lent money to study at UK colleges.

It was claimed that as many as three quarters of this year’s applicants have yet to provide adequate proof that they qualified for a loan. About 5,500 students from the countries received their first payment this term.

Temporary controls on those coming to Britain to work from the two Eastern European countries have been in place since they joined the EU in 2007 and will be lifted in January. However, students are free to study at UK institutions and apply for financial help from the Student Loans Company.

Mr Willetts told the Commons yesterday that he was suspending all payments to those from Romania and Bulgaria until they provided extra proof of their eligibility…

The majority of the payments are thought to have gone to students at smaller institutions…

More at:  Freeze on East European student loans (subscription required) 

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