Students: Loans:Written question - HL8580

Asked on: 12 June 2018
Department for Education
Students: Loans
Lords
To ask Her Majesty's Government what was (1) the indicative budget allocation, and (2) the actual level of borrowing, for part-time higher education fee loans in England in (a) 2016–17, and (b) 2017–18.
Answered on: 26 June 2018

The Student Loans Company publishes statistics on student loan expenditure by financial year as part of an annual national statistic ‘The Student Loans Company: Student Loans in England’. These statistics are available in the tables at:

https://www.slc.co.uk/official-statistics/student-loans-debt-and-repayment/england.aspx.[1]

In the financial years 2016-17 and 2017-18, £237.6 million and £246 million respectively were paid in part-time tuition fee loans in England.

There is no separate budget for part-time loans in the department. The budget for student loans for all types of study is included within the Departmental Supplementary Estimates. For financial year 2016-17 see the attachment entitled “Part II: Changes Proposed”, also available at: https://www.gov.uk/government/publications/supplementary-estimates-2016-17, (page 185). For 2017-18 see attachment entitled “Part II: Revised subhead detail including additional provision”, also available at: https://www.gov.uk/government/publications/supplementary-estimates-2017-18, (page 196).

[1] It is not possible to attach this information as it is part of a lengthy, complex and detailed data set.

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