Table 13: Average total loan outlay per higher education undergraduate student, by course start year and number of years of funding
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Forecast mean total loan outlay per higher education undergraduate student, by course start year and number of years of funding across 2021/22 to 2027/28
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Data set details
- Theme
- Finance and funding
- Publication
- Student loan forecasts for England
- Release
- Financial year 2022-23
- Release type
- Geographic levels
- National
- Indicators
- Mean average total loan amount per borrower per start year
- Median average total loan amount per borrower per start year
- Filters
- Loan type
- Number of years of funding
- Plan type
- Time period
- 2021/22 to 2027/28
Data set preview
| plan_type | loan_type | time_period | years_of_funding | mean_total_outlay_per_borrower_per_start_year | median_total_outlay_per_borrower_per_start_year | time_identifier | geographic_level | country_code | country_name |
|---|---|---|---|---|---|---|---|---|---|
| Plan 2 | Higher education full time | 202122 | 1 | 15370 | 15690 | Academic year | National | E92000001 | England |
| Plan 2 | Higher education full time | 202122 | 2 | 31040 | 31290 | Academic year | National | E92000001 | England |
| Plan 2 | Higher education full time | 202122 | 3 | 46610 | 46710 | Academic year | National | E92000001 | England |
| Plan 2 | Higher education full time | 202122 | 4 | 60480 | 59590 | Academic year | National | E92000001 | England |
| Plan 2 | Higher education full time | 202122 | 5+ | 75990 | 75850 | Academic year | National | E92000001 | England |
Variables in this data set
| Variable name | Variable description |
|---|---|
| loan_type | Loan type - Filter by loan type |
| mean_total_outlay_per_borrower_per_start_year | Mean average total loan amount per borrower per start year |
| median_total_outlay_per_borrower_per_start_year | Median average total loan amount per borrower per start year |
| plan_type | Plan type - Filter by plan type |
| years_of_funding | Number of years of funding - Filter by number of years of funding |
Footnotes
- Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England.
- Figures have been rounded to the nearest £10.
- The outlay model only forecasts students as receiving loans up to six years after they entered higher education; therefore no Plan 1 outlay is forecasted in financial year 2023-24 onwards. However, there are some exceptional cases where students may still be paid a Plan 1 loan later than this, for example, if they had suspended their studies.
- These figures are restricted to higher education undergraduate loans and do not include Advanced Learner Loans.
- Averages are over the entire period of funding for a student starting in a particular academic year.
- Years counted for years of funding do not need to be consecutive.
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