Remit

Main Board

The role of the Student Loans Company Main Board is to:

set the strategic direction of the Company within the policies and business framework set by Ministers

oversee the effective and efficient discharge of the Company's statutory responsibilities

ensure that appropriate strategic, corporate, operating and financial plans are in place for the delivery of services required of the Company by Ministers

ensure the Company acts in accordance with Ministers' policies and does not operate beyond directions issued by Ministers

ensure the Company meets Companies Act statutory and regulatory responsibilities, including those for corporate governance. The Board should ensure that the highest standards of corporate governance are observed

give advice as sought by Ministers on policy formulation and on the most effective and efficient delivery of policies

respond effectively to the varying demands of different partners imposed by devolution and private sector clients.

There are no Board meetings in May or August.