Students: Loans

(asked on 23rd October 2018) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what estimate he has made of the amount allocated for advanced learner loans in (a) 2014-15, (b) 2015-16, (c) 2016-17, (d) 2017-18 and (e) 2018-19; and for each of those years what the total amount of funding taken up by learners was.


Answered by
Anne Milton Portrait
Anne Milton
This question was answered on 26th October 2018

The department accounts for Advanced Learner Loans funding as annually managed expenditure, due to their demand-led nature and inherent volatility. The department forecasts annual outlay for Advanced Learner Loans.

The attached table, in Annex A, sets out the Advanced Learner Loans outlay for 2014/15 to 2017/18, and the forecast outlay for 2018/19. The table relates to loan issuance values only and excludes repayments received.

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