Question to the Department for Education:
To ask His Majesty's Government, in respect of the Student Loan Company’s loan book of pre-Brexit qualifying loans to EU, EEA and EFTA students, of those loans, how many and to what total value (1) have been permanently written off; and (2) are currently deemed non-performing.
EU students are required to repay their UK government student loans on the same terms as UK citizens, whether resident in the UK or overseas.
In respect of EU, European Economic Area (EEA) and European Free Trade Association students with pre-Brexit qualifying loans that have been permanently written off, the total count of students is 21,914. The vast majority of the 21,914 total count of write-offs can be attributed to automated trivial balance write-offs. Trivial balance write-offs occur if there is a positive or negative balance on an account of £25 or less and no contact can be established with the borrower. The total amount written off is £3,929,619.45. As repayments are income contingent, neither the department nor the Office of National Statistics have a recognised definition for a 'non-performing’ student loan.
This data has been supplied by the Student Loans Company. The data is for EU and EEA domiciled borrowers eligible for tuition fee support only. The data includes student loan accounts for the 2020/21 academic year and earlier. EU, other EEA and Swiss nationals stopped being eligible for UK student loans for courses starting in the 2021/22 academic year.