Transfer proportion by loan product
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Data set details
- Theme
- Finance and funding
- Publication
- Student loan forecasts for England
- Release
- Financial year 2019-20
- Release type
- Geographic levels
- National
- Indicators
- Transfer proportion (percentage)
- Filters
- Loan type
- Plan type of loan
- Time period
- 2018-19 to 2024-25
Data set preview
| plan_type | loan_type | time_period | percentage | stock_rab | time_identifier | geographic_level | country_code | country_name |
|---|---|---|---|---|---|---|---|---|
| Plan 1 | Plan 1 loans | 201819 | NA | NA | Financial year | National | E92000001 | England |
| Plan 2 | Higher education full time loans | 201819 | 52 | NA | Financial year | National | E92000001 | England |
| Plan 2 | Higher education part time loans | 201819 | 42 | NA | Financial year | National | E92000001 | England |
| Plan 2 | Advanced Learner Loans | 201819 | 51 | NA | Financial year | National | E92000001 | England |
| Plan 3 | Master's Loans | 201819 | 15 | NA | Financial year | National | E92000001 | England |
Variables in this data set
| Variable name | Variable description |
|---|---|
| loan_type | Loan type - Filter by loan type |
| percentage | Transfer proportion (percentage) |
| plan_type | Plan type of loan - Filter by plan type |
Footnotes
- Figures have been rounded to the nearest 1%.
- Plan 2 loans were introduced in place of Plan 1 loans for new entrants to higher education from September 2012. Part-time higher education fee loans were introduced at the same time and part-time maintenance loans were introduced in August 2018.
- 2018-19 transfer proportions have been provided using the model configuration from the previous release in June 2019 (though transfer proportion figures were not published in the June 2019 release). Since this time, there have been revisions to the data, economic assumptions, policies and modelling methodology used within the student finance forecasting models. This should be considered when comparing the 2018-19 figures to the remaining forecasts.
- Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England.
- Master's loans were introduced in August 2016.
- The transfer proportion is the portion of student loan outlay earmarked as government expenditure at loan inception in recognition that this portion of the outlay is unlikely to be repaid. See details of the partitioned loan approach for further information: https://www.ons.gov.uk/economy/governmentpublicsectorandtaxes/publicsectorfinance/methodologies/studentloansinthepublicsectorfinancesamethodologicalguide#partitioned-loan-transfer-approach
- 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.
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