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Last Updated: Friday, 10 June, 2005, 15:35 GMT 16:35 UK
Universities tackle fee confusion
Lecture hall
The campaign emphasises courses will be free at the point of entry

BBC Radio 4's Money Box was broadcast on Saturday, 11 June, 2005, at 1204 BST.

The programme was repeated on Sunday, 12 June at 2102 BST.

A campaign to tackle confusion about student funding has been launched by the trade body for universities in the UK.

Universities UK is concerned a lack of understanding of the new fee regime in England could lead to a drop in the number of applications to university.

The Payment by Degrees campaign is keen to get across the message that fees for English students who start at English universities from September 2006 are not payable until after graduation, when people are earning over 15,000 a year.

We spoke to Universities UK Chief Executive Diana Warwick about the campaign.

Further information:

Concern over 'split-cap' claims

Man and pen
People have just five weeks left to submit the form for compensation

Thousands of investors in ill-fated split-capital investment trusts have just five weeks left to make a claim for compensation.

But only a fraction of those eligible have applied, Money Box can reveal.

Complex application forms have been blamed and it has raised concerns that many could fail to claim their rightful share of the fund.

Louise Greenwood has been investigating.

Further information:

IF credit card to close

A Chip and Pin machine
If said it would be too expensive to convert to Chip and Pin
Britain's only "offset" credit card is being closed down by Intelligent Finance (IF), leaving 70,000 customers to apply for an alternative by 8 July.

With an offset card the amount owed is reduced by any credit balance in a customer's current or savings account.

But IF claims very few of the customers took advantage of this facility and the cost of converting its unique computer system to Chip and Pin would be too expensive.

We spoke to IF Managing Director Nick Robinson.

Further information:

Interest on legal aid to rise

The Legal Services Commission facilitates funding for civil cases
People who have divorced and get the family home as part of their settlement are facing a big rise in the interest charged on their legal aid costs.

Normally legal aid has to be repaid from the money recovered, but when the home is the settlement, the bill cannot be repaid at once.

In these cases, the Legal Services Commission puts a charge on the property and recovers the debt later when the home is sold.

Meanwhile interest is charged, and from October it is rising from 5% to 8%.

We spoke to legal aid lawyer David Emmerson and Alison Macnair of the Legal Services Commission about the rise.

Further information:

New children's savings account

Halifax has announced a new children's savings account, called the Halifax Children's Regular Saver.

It is paying 10% gross, provided you pay in between 10 and 100 pounds a month by standing order from a bank account and keep it there for a year.

After that the money must be transferred to another nominated Halifax account.

Presenter: Paul Lewis
Producer: Jessica Dunbar
Reporter: Louise Greenwood

Money Box



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