Students: Loans
The question
To ask the Secretary of State for Education, what the average maintenance loan received by English-domiciled students (a) studying away from home in London, (b) living at home and studying in London and (c) studying in London in total was in each of the last three financial years.
Answered by Janet Daby
Student finance is awarded on an academic year basis, not a financial year basis, so the average amounts are provided by academic year. The mean average maintenance loan amounts presented below are for England-domiciled full-time undergraduate borrowers:
a) Studying away from home in London
Academic Year | Average Maintenance Award (£) |
2021/22 | 10,746 |
2022/23 | 11,072 |
2023/24 | 11,593 |
b) Living at home and studying in London
Academic Year | Average Maintenance Award (£) |
2021/22 | 5,760 |
2022/23 | 5,793 |
2023/24 | 5,917 |
c) Studying in London in total
Academic Year | Average Maintenance Award (£) |
2021/22 | 9,148 |
2022/23 | 9,442 |
2023/24 | 9,863 |
To note:
- The location of the student (Parental Home or Elsewhere in London) in the autumn term is assumed to be their location throughout the year.
- Long Course Loans are excluded from these figures.
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