How many students from families with incomes below £16,000 per annum will benefit from the abolition of the graduate endowment scheme.

The exact figure is not held centrally, because liability to pay the graduate endowment was dependent not only on current circumstances but on future events, such as academic success or becoming eligible for loan parents’ grant in the future. If the student chose to add the graduate endowment to their loan then actual repayment would depend on the students own current and future income, which is not known.
A broad estimate of the number of students enrolled in higher education in 2006-07 from families who had declared incomes below £16,000 when applying for student support and who would have been liable to either pay the graduate endowment or add it to their student loan is around £9,000. This is the number of students from low income families who benefit from the abolition of the scheme.