Data set from Student loan forecasts for England

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

Not the latest data
Published
Last updated

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

Data set details

Theme
Finance and funding
Publication
Student loan forecasts for England
Release
Financial year 2021-22
Release type
Geographic levels
National
Indicators
  • Loan outlay
Filters
  • Actual or Forecast
  • Loan product
  • Loan type
Time period
2012-13 to 2026-27

Data set preview

Table showing first 5 rows, from underlying data
plan_typeloan_typeloan_producttime_periodloan_outlay_£mtime_identifiergeographic_levelcountry_codecountry_nameactual_forecast
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

Footnotes

  1. Figures have been rounded to the nearest £5 million.
  2. Plan 5 loans will replace Plan 2 loans for new entrants to full-time and part-time undergraduate courses and new borrowers of Advanced Learner Loans from Academic Year 2023/24.
  3. Where you see the symbol 'z' this refers to not applicable.
  4. Plan 2 loans were introduced in place of Plan 1 loans for new entrants to higher education from August 2012. Part-time higher education fee loans were introduced at the same time and part-time maintenance loans were introduced in August 2018.
  5. 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.
  6. Master's loans were introduced in August 2016 and doctoral loans were introduced in August 2018.
  7. Tuition fee cap has been frozen up to and including academic year 2024/25 in these forecasts.
  8. Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England
  9. 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 2021-22 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.

Using this data

  • Download the underlying data as a compressed ZIP file

  • View or create your own tables

    View tables that we have built for you, or create your own tables from open data using our table tool