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
- Financial year 2019-20
- 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
plan_type | loan_type | time_period | GBPmillion | time_identifier | geographic_level | country_code | country_name | actual_forecast |
---|---|---|---|---|---|---|---|---|
Plan 1 | Total Plan 1 loans | 201213 | 5073 | Financial year | National | E92000001 | England | Actual |
Plan 1 | Plan 1 fee loans | 201213 | 2431 | Financial year | National | E92000001 | England | Actual |
Plan 1 | Plan 1 maintenance loans | 201213 | 2642 | Financial year | National | E92000001 | England | Actual |
Plan 2 | Total Higher education full time loans | 201213 | 2038 | Financial year | National | E92000001 | England | Actual |
Plan 2 | Higher education full time fee loans | 201213 | 1209 | Financial year | National | E92000001 | England | Actual |
Variables in this data set
Variable name | Variable description |
---|---|
actual_forecast | Actual or Forecast value - Filter by Actual or Forecast values |
GBPmillion | £ Million |
loan_type | Loan type - Filter by loan type |
plan_type | Plan type of loan - Filter by plan type |
Footnotes
- Doctoral loans were introduced in August 2018.
- 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.
- Master's loans were introduced in August 2016.
- Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England.
- 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.
- Forecasts have been rounded to the nearest £5 million.
- 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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