Government Response: The Education (Student Loans) (Repayment) (Amendment) (No. 4) Regulations 2022

Merit Scrutiny point 2: The Government considered whether a consultation in response to changes being made by the UK Government would be possible. This is an area of the student finance system where there is very limited scope for Wales to take an alternative path and the limited time available to legislate in respect of Welsh loans in response to the UK Government’s changes for English borrowers, did not allow for a consultation to be undertaken. The Explanatory Memorandum has been withdrawn, amended and re-laid to reflect this.

The merits point makes reference to Plan 5 - to clarify, loans provided by the Welsh Ministers will not be Plan 5 loans.