Wednesday, December 17, 2008

REMIT

The Student Loans Company is subject to the provisions of The Companies Act 1985 and The Companies Act 2006, and in addition is required to operate within the limits of a financial memorandum (3735 kb) between the Company and the Government.

Our purpose and priorities, what we will deliver and how we will do it, and what this will cost, can be found in our Corporate Plan (323kb).

The Company’s objectives and performance targets, and the resources it will be provided with to deliver these, are outlined in the Annual Performance and Resources Agreement (4242kb) for 2008-09.

The Student Loans Company, which is wholly owned by the Secretary of State for Innovation, Universities and Skills and Scottish Ministers, is entirely government funded and is non-profit making. It was designated a Non-Departmental Public Body (NDPB) on 1 April 1996.

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