Table 11: Average loan outlay per academic year per higher education undergraduate student, by loan product
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Average loan outlay per academic year per higher education undergraduate student, 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
- Mean average loan outlay per borrower per academic year
- Median average loan outlay per borrower per academic year
- Filters
- Loan type
- Loan product
- Actual or Forecast
- Time period
- 2019/20 to 2028/29
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 | 14280 | 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 | 14870 | 15150 | Actual |
| Higher education full time | Total | 202223 | Academic year | National | E92000001 | England | 15070 | 15100 | Forecast |
| Higher education full time | Total | 202324 | Academic year | National | E92000001 | England | 15290 | 15330 | 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 receive undergraduate 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.
- Borrowers receiving both fee and maintenance loans for their course are included in all higher education undergraduate loan product categories.
- These figures are restricted to higher education undergraduate loans and do not include Advanced Learner Loans.
- The 2019/20, 2020/21 and 2021/22 figures are provisional figures based on DfE analysis of SLC data.
- Some students, including EU students with pre-settled status and some part-time students (Student finance for undergraduates: Eligibility - GOV.UK (www.gov.uk) (opens in a new tab)), are not eligible for maintenance loans
- Zero loan amounts are excluded from the calculations of average loan outlay.
- Average outlay figures have been rounded to the nearest £10.
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