# Regulation (EU) No 1288/2013 of the European Parliament and of the Council of 11 December 2013 establishing 'Erasmus+': the Union programme for education, training, youth and sport and repealing Decisions No 1719/2006/EC, No 1720/2006/EC and No 1298/2008/EC (Text with EEA relevance), Division 3: Monitoring and evaluation

Extent: E+W+S+N.I.

The Student Loan Guarantee Facility shall be subject to monitoring and evaluation, as referred to in Article 21 of this Regulation, and on the basis of Article 140(8) of Regulation (EU, Euratom) No 966/2012.
As part of this process, the Commission shall report on the effects of the Student Loan Guarantee Facility on beneficiaries and on higher education systems. The Commission's report shall include, inter alia, data on, as well as proposed measures to deal with any areas of concern with regard to:
(a) the number of students in receipt of loans backed by the Student Loan Guarantee Facility, including data on their completion rates;
(b) the volume of lending contracted by financial intermediaries;
(c) the level of interest rates;
(d) outstanding debt and default levels, including any measures taken by financial intermediaries against those who default on their loans;
(e) fraud prevention measures taken by financial intermediaries;
(f) the profile of students supported, including their socio-economic background, subject of study, country of origin and country of destination, in accordance with national data protection legislation;
(g) geographical balance of uptake; and
(h) geographical coverage of financial intermediaries.
Notwithstanding the powers conferred on the European Parliament and the Council by Article 140(9) of Regulation (EU, Euratom) No 966/2012, the Commission shall consider proposing appropriate regulatory changes, including legislative changes, if the predicted market uptake or the participation of financial intermediaries is not satisfactory.

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Source: https://www.legislation.gov.uk/eur/2013/1288/annex/II/division/3 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-1288/annex-II/division-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.