Table 14: Average length of funding per higher education undergraduate student
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Average length of funding per higher education undergraduate student.
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Data set details
- Theme
- Finance and funding
- Publication
- Student loan forecasts for England
- Release
- Financial year 2024-25
- Release type
- Number of rows
- 2
- Geographic levels
- National
- Indicators
- Average length of funding per borrower
- Filters
- Loan type
- Time period
- 2029/30
Data set preview
| plan_type | loan_type | average_length_funding_since_202324 | time_period | time_identifier | geographic_level | country_code | country_name |
|---|---|---|---|---|---|---|---|
| Total | Higher education full time | 3 | 202930 | Academic year | National | E92000001 | England |
| Total | Higher education part time | 2 | 202930 | Academic year | National | E92000001 | England |
Variables in this data set
| Variable name | Variable description |
|---|---|
| average_length_funding_since_202324 | Average length of funding per borrower |
| loan_type | Loan type - Filter by loan type |
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 (opens in a new tab).
- The outlay model only forecasts students as receiving loans up to six years after entering higher education; therefore, no Plan 1 outlay is forecast. However, there are some exceptional cases where students may still be paid a Plan 1 loan across our forecast horizon, for example, if they had suspended their studies.
- A summary timeline of the introduction of different plan types is available in Table 1.1 in the publication Methodology: https://explore-education-statistics.service.gov.uk/methodology/student-loan-forecasts-for-england-methodology
- These figures are restricted to higher education undergraduate loans and do not include Advanced Learner.
- Years counted for years of funding do not need to be consecutive for the same period of study. Where a borrower funds different periods of study with student loans, each period of study is counted separately.
- Averages are over all student cohorts between 2023/24 and 2029/30.
- Average length of funding is mean average value.
- Average funding lengths have been rounded to the nearest year.
- The model assumes that starting from the 2023/24 academic year, all loan-borrowing undergraduate entrants receive Plan 5 loans. Consequently, the figures for Plan 5 are identical to the ‘Total’ for all plans in this table.
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