Thomas Byrne (Meath East, Fianna Fail) | Oireachtas source

I apologise as I had to leave for a short time due to another commitment. I was helped by the vote but I was not able to be present for the questions. I will not ask too many questions as I am sure they have all been asked.

Is the word "loan" the right word for the scheme? If the question has already been asked, there is no need to answer it. It just does not seem like the right term. If someone goes to AIB tomorrow to borrow money for college, he or she will have to start to pay it back almost straight away, regardless of his or her income. Is it a loan or is it some sort of contribution or tax?