Provisional figures for income contingent student loan repayments, either notified to or received by the Student Loans Company, in the financial year 2008-09 were £788.3 million1. It is not possible to break down this figure to amounts repaid for tuition fee loans and maintenance loans, as they are consolidated in the borrower’s loan account.
Estimates of income contingent student loan repayments will depend on a number of factors, including student numbers, graduate income levels and patterns of behaviour. Estimates for 2009-10 and 2010-11 are approximately £1.2 billion and £1.4 billion respectively. Estimates for later years are not available.
Figures for financial year 2009-10 are expected be published in a Statistical First Release in summer 2010.
1 This figure covers direct repayments to SLC, and HMRC notifications of repayments collected through the tax system sent through to SLC in that year, less refunds by SLC to customers where borrowers have over paid their loans—English domiciled students studying in the UK and EU students studying in England.
SLC Statistical First Release 2002-09 published 25 June 2009.