Data set from Student loan forecasts for England

Table 1: Historical student loan outlay and forecast student loan outlay, by loan product

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Historical and forecast student loan outlay by loan product in £ millions. 

Data set details

Finance and funding
Student loan forecasts for England
Release type
Geographic levels
  • Loan outlay
  • Actual or Forecast
  • Loan product
  • Loan type
Time period
2012-13 to 2025-26

Data set preview

Table showing first 5 rows, from underlying data
Plan 1Plan 1 loansTotal2012135075Financial yearNationalE92000001EnglandActual
Plan 1Plan 1 loansFee loan2012132430Financial yearNationalE92000001EnglandActual
Plan 1Plan 1 loansMaintenance loan2012132640Financial yearNationalE92000001EnglandActual
Plan 2TotalTotal2012132070Financial yearNationalE92000001EnglandActual
Plan 2Higher education full timeTotal2012132040Financial yearNationalE92000001EnglandActual

Variables in this data set

Table showing all 5 variables
Variable nameVariable description
actual_forecastActual or Forecast - Filter by actuals or forecast
loan_outlay_£mLoan outlay
loan_productLoan product - Filter by loan product
loan_typeLoan type - Filter by loan type
plan_typePlan type of loan - Filter by plan type


  1. 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.
  2. 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.
  3. Figures have been rounded to the nearest £5 million.
  4. Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England
  5. Tuition fee cap has been frozen up to and including academic year 2022/23 in these forecasts
  6. Master's loans were introduced in August 2016 and doctoral loans were introduced in August 2018.
  7. 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 2020-21 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.

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