Table 11: Average loan outlay per academic year per higher education undergraduate student, by loan product
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Forecast mean loan outlay per academic year per higher education undergraduate student, by loan product across 2019/20 to 2027/28
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Data set details
- Theme
- Finance and funding
- Publication
- Student loan forecasts for England
- Release
- Financial year 2022-23
- Release type
- Geographic levels
- National
- Indicators
- Mean average loan outlay per borrower per Academic Year
- Median average loan outlay per borrower per Academic Year
- Filters
- Actual or Forecast
- Loan product
- Loan type
- Time period
- 2019/20 to 2027/28
Data set preview
| loan_type | loan_product | time_period | time_identifier | geographic_level | country_code | country_name | mean_outlay_per_borrower_£ | median_outlay_per_borrower_£ | actual_forecast |
|---|---|---|---|---|---|---|---|---|---|
| Higher education full time | Total | 201920 | Academic year | National | E92000001 | England | 14270 | 14540 | Actual |
| Higher education full time | Total | 202021 | Academic year | National | E92000001 | England | 14740 | 15110 | Actual |
| Higher education full time | Total | 202122 | Academic year | National | E92000001 | England | 14940 | 15110 | Forecast |
| Higher education full time | Total | 202223 | Academic year | National | E92000001 | England | 15140 | 15350 | Forecast |
| Higher education full time | Total | 202324 | Academic year | National | E92000001 | England | 15440 | 15690 | 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 |
| mean_outlay_per_borrower_£ | Mean average loan outlay per borrower per Academic Year |
| median_outlay_per_borrower_£ | Median average loan outlay per borrower per Academic Year |
Footnotes
- Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England.
- Figures have been rounded to the nearest £10.
- Borrowers receiving both fee and maintenance loans for their course are included in both totals.
- 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 2023-24 onwards. However, there are some exceptional cases where students may still be paid a Plan 1 loan later than this, for example, if they had suspended their studies.
- These figures are restricted to higher education undergraduate loans and do not include Advanced Learner Loans.
- EU students and some part-time (https://www.practitioners.slc.co.uk/products/part-time-undergraduate-education/part-time-maintenance-loan/eligibility/) students are not eligible for Maintenance Loans.
- The 2019/20 and 2020/21 figures are provisional figures based on DfE analysis of SLC data.
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