Data set from Student loan forecasts for England

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


Data set details

Theme
Finance and funding
Publication
Student loan forecasts for England
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

Table showing first 5 rows, from underlying data
loan_typeloan_producttime_periodtime_identifiergeographic_levelcountry_codecountry_namemean_outlay_per_borrower_£median_outlay_per_borrower_£actual_forecast
Higher education full timeTotal201920Academic yearNationalE92000001England1427014540Actual
Higher education full timeTotal202021Academic yearNationalE92000001England1474015110Actual
Higher education full timeTotal202122Academic yearNationalE92000001England1494015110Forecast
Higher education full timeTotal202223Academic yearNationalE92000001England1514015350Forecast
Higher education full timeTotal202324Academic yearNationalE92000001England1544015690Forecast

Variables in this data set

Table showing all 5 variables
Variable nameVariable description
actual_forecastActual or Forecast - Filter by actuals or forecast
loan_productLoan product - Filter by loan product
loan_typeLoan 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

  1. Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England.
  2. Figures have been rounded to the nearest £10.
  3. Borrowers receiving both fee and maintenance loans for their course are included in both totals.
  4. 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.
  5. These figures are restricted to higher education undergraduate loans and do not include Advanced Learner Loans.
  6. 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.
  7. The 2019/20 and 2020/21 figures are provisional figures based on DfE analysis of SLC data.

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