Table 13: Average total loan outlay per higher education undergraduate student by course start year and years of funding
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Average total loan outlay per higher education undergraduate student by course start year and number of years of funding
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Data set details
- Theme
- Finance and funding
- Publication
- Student loan forecasts for England
- Release
- Financial year 2025-26
- Release type
- Number of rows
- 84
- 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
- Time period
- 2024/25 to 2030/31
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 |
|---|---|---|---|---|---|---|---|---|---|
| Total | Higher education full time | 202425 | 1 | 16240 | 16630 | Academic year | National | E92000001 | England |
| Total | Higher education full time | 202425 | 2 | 33610 | 34520 | Academic year | National | E92000001 | England |
| Total | Higher education full time | 202425 | 3 | 48660 | 46490 | Academic year | National | E92000001 | England |
| Total | Higher education full time | 202425 | 4 | 65970 | 65710 | Academic year | National | E92000001 | England |
| Total | Higher education full time | 202425 | 5+ | 85000 | 84130 | 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 |
| years_of_funding | Number of years of funding - Filter by number of years of funding |
Footnotes
- Coverage: Borrowers who receive undergraduate loans through Student Finance England. For further details on eligibility, please see the Student Finance England practitioner website: Link to practitioner products section on the SLC website (opens in new tab).
- The outlay model only forecasts students as receiving loans up to six years after entering higher education; therefore, no Plan 1 outlay is forecast. However, there are some exceptional cases where students may still be paid a Plan 1 loan across our forecast horizon, for example, if they had suspended their studies.
- A summary timeline of the introduction of different plan types is available in Table 1.1 in the publication Methodology: Link to student loan forecasts for England methodology
- These figures are restricted to higher education undergraduate loans and do not include Advanced Learner Loans.
- Years counted for years of funding do not need to be consecutive for the same period of study. Where a borrower funds different periods of study with student loans, each period of study is counted separately.
- Averages are calculated over all student cohorts between academic years 2024/25 and 2030/31, covering students’ entire periods of funding.
- Zero loan amounts are excluded from the calculations of average loan outlay.
- Average outlay figures have been rounded to the nearest £10.
- Students accrue interest on their loans whilst in study, with the interest rate during study dependent on plan type. The final loan balance when students enter repayment will therefore be higher than the total loan amount borrowed.
- The model assumes that starting from the 2023/24 academic year, all loan-borrowing undergraduate entrants receive Plan 5 loans. Consequently, the figures for Plan 5 are identical to the ‘Total’ for all plans in this table.
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If you have a specific enquiry about Table 13: Average total loan outlay per higher education undergraduate student by course start year and years of funding statistics and data:
Higher Education Analysis
Email: he.modelling@education.gov.ukContact name: Tony Carter and Sally Mercer