Data set from Student loan forecasts for England

Historical student loan outlay and forecast student loan outlay, by loan product

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Data set details

Theme
Finance and funding
Publication
Student loan forecasts for England
Release type
Geographic levels
National
Indicators
  • £ Million
Filters
  • Actual or Forecast value
  • Loan type
  • Plan type of loan
Time period
2012-13 to 2024-25

Data set preview

Table showing first 5 rows, from underlying data
plan_typeloan_typetime_periodGBPmilliontime_identifiergeographic_levelcountry_codecountry_nameactual_forecast
Plan 1Total Plan 1 loans2012135073Financial yearNationalE92000001EnglandActual
Plan 1Plan 1 fee loans2012132431Financial yearNationalE92000001EnglandActual
Plan 1Plan 1 maintenance loans2012132642Financial yearNationalE92000001EnglandActual
Plan 2Total Higher education full time loans2012132038Financial yearNationalE92000001EnglandActual
Plan 2Higher education full time fee loans2012131209Financial yearNationalE92000001EnglandActual

Variables in this data set

Table showing all 4 variables
Variable nameVariable description
actual_forecastActual or Forecast value - Filter by Actual or Forecast values
GBPmillion£ Million
loan_typeLoan type - Filter by loan type
plan_typePlan type of loan - Filter by plan type

Footnotes

  1. Doctoral loans were introduced in August 2018.
  2. The outlay model only forecasts students as receiving loans up to six years after they entered higher education, therefore no Plan 1 outlay is forecast from academic year 2019/20 onwards. However, there are some exceptional cases where students may still be paid a Plan 1 loan later than this, e.g. if they had suspended their studies.
  3. Master's loans were introduced in August 2016.
  4. Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England.
  5. Plan 2 loans were introduced in place of Plan 1 loans for new entrants to higher education from September 2012. Part-time higher education fee loans were introduced at the same time and part-time maintenance loans were introduced in August 2018.
  6. Forecasts have been rounded to the nearest £5 million.
  7. Advanced Learner Loans were introduced for students aged 24+ on some further education courses in August 2013, and extended to students aged 19-23 in August 2016.

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