Resource Accounting and Budgeting (RAB) charge for Upside and Downside OBR economic Covid scenarios
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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
- RAB charge (Central scenario)
- RAB charge (Downside scenario)
- RAB charge (Upside scenario)
- Filters
- Loan type
- Plan type of loan
- Time period
- 2019-20
Data set preview
| plan_type | loan_type | time_period | central | time_identifier | geographic_level | country_code | country_name | upside | downside |
|---|---|---|---|---|---|---|---|---|---|
| Plan 2 | Higher education full time loans | 201920 | 53 | Financial year | National | E92000001 | England | 52 | 55 |
| Plan 2 | Higher education part time loans | 201920 | 45 | Financial year | National | E92000001 | England | 44 | 46 |
| Plan 2 | Advanced Learner Loans | 201920 | 69 | Financial year | National | E92000001 | England | 68 | 70 |
Variables in this data set
| Variable name | Variable description |
|---|---|
| central | RAB charge (Central scenario) |
| downside | RAB charge (Downside scenario) |
| loan_type | Loan type - Filter by loan type |
| plan_type | Plan type of loan - Filter by plan type |
| upside | RAB charge (Upside scenario) |
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.
- The decision was made to no longer forecast a RAB charge for Plan 1 loans as there are too few borrowers still receiving these to produce a reliable forecast.
- Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England.
- The RAB charge is the proportion of loan outlay made during the financial year that we expect not to be repaid when future repayments are valued in present terms.
- 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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