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.
On this page
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
| plan_type | loan_type | loan_product | time_period | loan_outlay_£m | time_identifier | geographic_level | country_code | country_name | actual_forecast |
|---|---|---|---|---|---|---|---|---|---|
| Plan 1 | Plan 1 loans | Total | 201213 | 5075 | Financial year | National | E92000001 | England | Actual |
| Plan 1 | Plan 1 loans | Fee loan | 201213 | 2430 | Financial year | National | E92000001 | England | Actual |
| Plan 1 | Plan 1 loans | Maintenance loan | 201213 | 2640 | Financial year | National | E92000001 | England | Actual |
| Plan 2 | Total | Total | 201213 | 2070 | Financial year | National | E92000001 | England | Actual |
| Plan 2 | Higher education full time | Total | 201213 | 2040 | Financial year | National | E92000001 | England | Actual |
Variables in this data set
| Variable name | Variable description |
|---|---|
| actual_forecast | Actual or Forecast - Filter by actuals or forecast |
| loan_outlay_£m | Loan outlay |
| loan_product | Loan product - Filter by loan product |
| loan_type | Loan type - Filter by loan type |
| plan_type | Plan type of loan - Filter by plan type |
Footnotes
- Figures have been rounded to the nearest £5 million.
- 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.
- Where you see the symbol 'z' this refers to not applicable.
- 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.
- 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.
- Master's loans were introduced in August 2016 and doctoral loans were introduced in August 2018.
- Tuition fee cap has been frozen up to and including academic year 2024/25 in these forecasts.
- Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England
- 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
Download this data using code
Access this data using common programming languages using the URL below.