This includes loans to cover tuition fees, loans and grants for maintenance, and some other grants and allowances, including the new postgraduate loan.
The package includes a range of allowances, including £68.39 a month for long service, £20.23 a month for travel and £636.59 basic salary.
Today, its public expenditure on housing is less than half that in the UK, subsidies and allowances included – while construction output is twice as high.
They get their robes and wigs free, receive a relocation package of £8,000 if they have to move home to carry out their duties, and enjoy healthy travel allowances, including first-class train fares.
It follows an investigation by the subcommittee on Lords' interests, headed by the former head of MI5, Baroness Manningham-Buller, into the alleged misuse of allowances, including a £174 overnight claim for a peer whose main home was outside the M25.
The deals with G.M., the Ford Motor Company and the Chrysler Group were among a flurry of import allowances, including large wheat and aircraft purchases, that were expected from China ahead of Prime Minister Wen Jiabao's visit to the United States, scheduled for early December.
Whether allocated for free or not, the economic value of allowances includes the opportunity cost of using allowances that could otherwise be sold in the market.
His 2012 Budget includes new tax allowances, including a £3bn new-field allowance for large and deep fields to open up west of Shetland.
There will likely be different allowances included in these figures — for example, the voice-and-data service is SIM-only and you bring your own device.
"We are also introducing new allowances including a £3bn new field allowance for large and deep fields to open up West of Shetland, the last area of the basin left to be developed.
