Student Loans (M57)
Scope of Appropriation
This appropriation is limited to loans to tertiary students undertaking studies at approved tertiary institutions in accordance with Cabinet decisions.
Reasons for Change in Appropriation
This appropriation will increase by $42.761 million to $1,632.443 million for 2011/12. This increase reflects more student loan borrowers than expected as well as an increase to the appropriation to reduce the likelihood of an overspend.
