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Recoveries from social fund loans are recycled in the form of new loans. This means that, at the end of a financial year, the amount outstanding on all social fund loans is the total that the Government have invested in the social fund since its inception (apart from write-offs).
At 31 March 2008, the amount outstanding on all social fund loans in Great Britain was £906 million.
Notes:
1. social fund loans consist of Budgeting Loans and Crisis Loans.
2. The figure includes amounts outstanding on loans which have been partially repaid.
Source:
Social Fund Account 2007-08.