Students: Loans

(asked on 14th October 2024) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what the average maintenance loan received by English-domiciled students (a) studying away from home in London, (b) living at home and studying in London and (c) studying in London in total was in each of the last three financial years.


Answered by
Janet Daby Portrait
Janet Daby
Parliamentary Under-Secretary (Department for Education)
This question was answered on 23rd October 2024

Student finance is awarded on an academic year basis, not a financial year basis, so the average amounts are provided by academic year. The mean average maintenance loan amounts presented below are for England-domiciled full-time undergraduate borrowers:

a) Studying away from home in London

Academic Year

Average Maintenance Award (£)

2021/22

10,746

2022/23

11,072

2023/24

11,593

b) Living at home and studying in London

Academic Year

Average Maintenance Award (£)

2021/22

5,760

2022/23

5,793

2023/24

5,917

c) Studying in London in total

Academic Year

Average Maintenance Award (£)

2021/22

9,148

2022/23

9,442

2023/24

9,863

To note:

  • The location of the student (Parental Home or Elsewhere in London) in the autumn term is assumed to be their location throughout the year.
  • Long Course Loans are excluded from these figures.

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