Student Loans

Policy passed at the Ordinary General Meeting on 2002-02-23

All postgraduates whose fees are not paid for by sponsors should be entitled to an index-linked income-contingent loan to cover the costs of tuition fees, in preference to no funding. If legislation to stop institutions increasing tuition fees and phase out existing differential fees is not forthcoming, loans for postgraduates should cover the cost of the increased fees.

Passed at the Ordinary General Meeting on 2002-05-25

All self-funded postgraduates who are not in receipt of financial support should be entitled to an interest-free, income contingent loan to cover the full cost of living during the period of study, in preference to the current system of no funding. This level of this loan must be determined in such a way as to ensure that the additional end of year costs are taken into consideration. The loan entitlement for living costs should be at least the equivalent amount that an undergraduate on a 52-week course would be entitled to.

Policy passed at the Ordinary General Meeting on 2002-05-25

There should be a student loan entitlement for undergraduates that covers their living expenses. Student loans at commercial rates should not be introduced.

Policy passed at the Ordinary General Meeting on 2004-11-13

NPC is opposed to commercial rates of student loans for undergraduates, on the grounds that these debts, when carried over into postgraduate study, act as a deterrent. Real-terms interest on student loans could hit postgraduates harder than most students as interest will continue to accrue during postgraduate study.
NPC will not express a preference between the policies of the Conservative or Labour Parties at this time.
NPC will write to the Conservative Party informing them of our opposition to these means of passing costs on to students; and of our particular concerns for how this would disproportionately penalise graduates who go into postgraduate study. At the very least, we urge them to freeze interest above the rate of inflation on student loans for those in postgraduate study, and to make this concession in their manifesto.
NPC will write to other parties expressing our position on student funding.

Policy passed at the Annual General Meeting on 2005-08-13

Living expenses form the majority of the financial burden of most postgraduates, and as with undergraduates, low-interest loans should be made available to meet these costs for those without Research Council or similar funding.