Data set from Student loan forecasts for England

Table 3: Forecast student loan outlay, repayments, capitalised interest accrued by loan borrowers and cancelled loans, by loan product

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Forecast of student loan outlay, repayments, capitalised interest and cancelled loans between 2021-22 and 2026-27 in £ million.

Data set details

Finance and funding
Student loan forecasts for England
Release type
Geographic levels
  • Cancelled loans
  • Capitalised interest
  • Loan outlay
  • Loan type
  • Plan type of loan
Time period
2021-22 to 2026-27

Data set preview

Table showing first 5 rows, from underlying data
Plan 1Plan 1 loansTotal0218542520202122Financial yearNationalE92000001England
Plan 1Plan 1 loansTotalz226082530202223Financial yearNationalE92000001England
Plan 1Plan 1 loansTotalz196593525202324Financial yearNationalE92000001England
Plan 1Plan 1 loansTotalz164583520202425Financial yearNationalE92000001England
Plan 1Plan 1 loansTotalz151574030202526Financial yearNationalE92000001England

Variables in this data set

Table showing first 5 of 6 variables
Variable nameVariable description
cancelled_loans_£mCancelled loans
capitalised_interest_£mCapitalised interest
loan_typeLoan type - Filter by loan type
outlay_£mLoan outlay
plan_typePlan type of loan - Filter by plan type


  1. No overpayments or refunds are modelled for borrowers that fully repay their loans; it is assumed that all borrowers finish making repayments once their loan balance reaches £0. In reality some borrowers overpay their loans, particularly if making repayments via HMRC, and are entitled to receive refunds.
  2. Plan 1 loans include unsold, retained and loans sold at both sale 1 and sale 2. For more information on the loan sales, go to: Sale 1: Sale 2:"
  3. Figures have been rounded to the nearest £5 million.
  4. Repayment forecasts assume that PAYE obligatory repayments are made in the same year in which the borrower had the income on which they are based. In reality some repayments made through PAYE will be received the following year, particularly repayments based on earnings in the final month of the year.
  5. Where you see the symbol 'z' this refers to not applicable.
  6. Coverage: Borrowers who received loans as English domiciled students studying in the UK or as EU domiciled students studying in England

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