answer text |
<p>Information on the repayment of student loans is published in the Statistical First
Release<em>“Student Loans for Higher Education in England”</em>. The latest publication
is available at the following link.</p><p><a href="http://www.slc.co.uk/statistics/national-statistics/newnationalstatistics2.aspx"
target="_blank">http://www.slc.co.uk/statistics/national-statistics/newnationalstatistics2.aspx</a></p><p>
</p><p>The amounts repaid via HMRC through Pay As You Earn (PAYE) or directly to Student
Loans Company (SLC) in the financial years 2009-10 to 2012-13 have been provided in
the table. The statistics include repayments made on outstanding debt from both Mortgage
Style and Income Contingent Repayment (ICR) loans.</p><p> </p><p>Statistics referring
to the financial year 2013-14 will be published in June 2014.</p><table><tbody><tr><td
colspan="5"><p><strong>Student Loan Repayments Financial Years 2009-10 to 2012-13
: amounts (£m)</strong></p></td></tr><tr><td><p><strong>Financial Year</strong></p></td><td><p><strong>2009-10</strong></p></td><td><p><strong>2010-11</strong></p></td><td><p><strong>2011-12</strong></p></td><td><p><strong>2012-13</strong></p></td></tr><tr><td><p><strong>Repaid
directly by customer to SLC</strong></p></td><td><p>302.2</p></td><td><p>326.5</p></td><td><p>294.6</p></td><td><p>256.9</p></td></tr><tr><td><p><strong>Reported
by HMRC as collected via PAYE and Self-Assessment</strong></p></td><td><p>726.4</p></td><td><p>850.0</p></td><td><p>1,044.9</p></td><td><p>1,185.3</p></td></tr><tr><td><p><strong>Refunded
by SLC to customer</strong></p></td><td><p>-18.8</p></td><td><p>-33.6</p></td><td><p>-33.6</p></td><td><p>-35.5</p></td></tr><tr><td><p><strong>Total
amount repaid, including interest, during the financial year</strong></p></td><td><p><strong>1,009.7</strong></p></td><td><p><strong>1,143.0</strong></p></td><td><p><strong>1,305.9</strong></p></td><td><p><strong>1,406.8</strong></p></td></tr><tr><td
colspan="5"><p><em>Source: Statistical First Release Student Loans for Higher Education
in England</em></p><p> </p></td></tr><tr><td colspan="5"><p>Notes:</p><p>- Repayments
are shown in the financial year when they are posted to customer accounts. The SLC
are notified of repayments by HMRC, usually within one year of the end of the tax
year to which they relate.</p><p> </p><p>- Refunds can occur when an account holder
has overpaid SLC in previous financial periods for various reasons.</p></td></tr></tbody></table>
|
|