Overseas Students: Loans
(asked on 13th March 2017) - View Source
Question to the Department for Education:
To ask the Secretary of State for Education, pursuant to the Answer of 8 March 2017 to Question 65926, on overseas students: loans, what proportion of the 2.8 per cent of borrowers resident overseas are (a) British, (b) EU and (c) non-EU nationals; and what the total value of the amount lent to borrowers resident overseas is.
Statistics covering English student loans are published annually by the Student Loans Company (SLC) in the Statistical First Release (SFR) ‘Student Loans in England’.
The latest statistics show that there were around 113,600 English student loan borrowers, liable to repay, who were known to be overseas at the beginning of the financial year 2016-17. Of these around 25,300 (22%) were EU domiciled borrowers (those resident in the EU prior to studying).
Data provided by SLC shows that the overall outstanding loan balance of these borrowers resident overseas was around £1.6 billion, of which around £220 million (14%) was held by EU domiciled borrowers.
Information has been provided on the basis of the borrower’s prior residence as equivalent information on the basis of the borrower’s nationality would only be available at disproportionate cost.