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In the 2022/23 financial year, the Resource Accounting and Budgeting (RAB) charge was £5.5 billion, or 27% of the £20.0 billion of loans issued that financial year. The RAB charge for 2023/24 will be published in the department\u2019s 2023/24 Annual Report and Accounts this summer.<\/p>

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Of student loans issued in the 2023/24 financial year, the government is expected to subsidise:<\/p>