Table 12: Proportion of higher education undergraduate borrowers by length of loan borrowing
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Proportion of higher education undergraduate borrowers by length of loan borrowing.
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Data set details
- Theme
- Finance and funding
- Publication
- Student loan forecasts for England
- Release
- Financial year 2024-25
- Release type
- Number of rows
- 15
- Geographic levels
- National
- Indicators
- Proportion of borrowers
- Filters
- Loan type
- Number of years of funding
- Time period
- 2023/24
Data set preview
| plan_type | loan_type | years_of_funding | proportion_borrowers_to_202930 | time_period | time_identifier | geographic_level | country_code | country_name |
|---|---|---|---|---|---|---|---|---|
| Total | Higher education full time | 1 | 18 | 202324 | Academic year | National | E92000001 | England |
| Total | Higher education full time | 2 | 15 | 202324 | Academic year | National | E92000001 | England |
| Total | Higher education full time | 3 | 42 | 202324 | Academic year | National | E92000001 | England |
| Total | Higher education full time | 4 | 20 | 202324 | Academic year | National | E92000001 | England |
| Total | Higher education full time | 5+ | 4 | 202324 | Academic year | National | E92000001 | England |
Variables in this data set
| Variable name | Variable description |
|---|---|
| loan_type | Loan type - Filter by loan type |
| proportion_borrowers_to_202930 | Proportion of borrowers |
| 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: https://www.practitioners.slc.co.uk/products (opens in a 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: https://explore-education-statistics.service.gov.uk/methodology/student-loan-forecasts-for-england-methodology
- These figures are restricted to higher education undergraduate loans and do not include Advanced Learner.
- 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.
- Proportions are calculated over all student cohorts between academic years 2023/24 and 2029/30.
- Proportions have been rounded to the nearest 1%.
- Proportions may not appear to sum due to rounding.
- 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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