Table 2a: Forecast number of students receiving loans, by loan product
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Forecast number of students receiving loans, by loan product
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Data set details
- Theme
- Finance and funding
- Publication
- Student loan forecasts for England
- Release
- Financial year 2023-24
- Release type
- Geographic levels
- National
- Indicators
- Number of students (thousands)
- Filters
- Plan type of loan
- Loan type
- Loan product
- Time period
- 2019/20 to 2028/29
Data set preview
| plan_type | loan_type | loan_product | time_period | number_of_students_thousands | time_identifier | geographic_level | country_code | country_name | actual_forecast |
|---|---|---|---|---|---|---|---|---|---|
| Plan 2 | Total | Total | 201920 | x | Academic year | National | E92000001 | England | Actual |
| Plan 2 | Total | Total | 202021 | x | Academic year | National | E92000001 | England | Actual |
| Plan 2 | Total | Total | 202122 | x | Academic year | National | E92000001 | England | Actual |
| Plan 2 | Total | Total | 202223 | 1368 | Academic year | National | E92000001 | England | Forecast |
| Plan 2 | Total | Total | 202324 | 856 | Academic year | National | E92000001 | England | Forecast |
Variables in this data set
| Variable name | Variable description |
|---|---|
| actual_forecast | Actual or Forecast - Filter by actuals or forecast |
| loan_product | Loan product - Filter by loan product |
| loan_type | Loan type - Filter by loan type |
| number_of_students_thousands | Number of students (thousands) |
| plan_type | Plan type of loan - Filter by plan type |
Footnotes
- Coverage: All borrowers who receive 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.
- The outlay model only forecasts students as receiving loans up to six years after entering higher education; therefore no Plan 1 outlay is forecasted. 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 introduction of different plan types is available in Table 1.1 in the Methodology: <a href="https://explore-education-statistics.service.gov.uk/methodology/student-loan-forecasts-for-england-methodology">https://explore-education-statistics.service.gov.uk/methodology/student-loan-forecasts-for-england-methodology</a>
- Borrowers receiving both fee and maintenance loans for their course are included in all higher education undergraduate loan product categories.
- The 2019/20, 2020/21 and 2021/22 figures are provisional figures based on DfE analysis of SLC data, apart from Plan 3 figures. Plan 3 actuals are taken from SLC publication ‘Student support for higher education in England 2023’. <a href="https://www.gov.uk/government/statistics/student-support-for-higher-education-in-england-2023">Student support for higher education in England 2023 - GOV.UK (www.gov.uk)</a>
- Student borrower numbers have been rounded to the nearest 1,000 borrowers.
- Where you see the symbol 'z' this refers to not applicable.
- Where you see ‘low’ this refers to figures which round to 0, but are not 0.
- Where you see the symbol 'x' this refers to not available.
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