Plan 3 postgraduate master’s loan outlay (from 2022-23 onwards) and postgraduate d-21 onwards) is forecast to increase year-on-year due to projected growth in loan take-up by current and additional entrants over this period.

Advanced Learner Loans outlay is forecast to -26. This is mainly driven by a decrease in the number of learners taking loans, which is expected to fall due to policy changes for funding at level 3. It is assumed that around 9.5K of learners 24 and older who would previously have taken an Advanced Learner Loan will now be grant funded (see the quality and methodology information document accompanying this publication for more information).

The average forecast loan outlay per student is displayed in Table 4. It is assumed that the maximum loan amounts that students can take out will increase each academic year by forecast RPIX inflation measure, as forecast by the Office for Budget https://badcreditloanshelp.net/payday-loans-ne/ Responsibility (OBR). Lees verder →