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Higher Education Student Finance

The Department for Education is developing an Alternative Student Finance model to provide Sharia-compliant student loan options for Muslim students, with ongoing engagement with Islamic finance advisory bodies. Recent parliamentary scrutiny has focused on the cost-benefit analysis, public expenditure on consultancy, and long-term compliance review mechanisms for this alternative financing scheme.

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2026

2 events
13 Apr 2026 | Announcement Department for Education linked

Student Loan Interest Rates Academic Year 2026/27

UIN: HLWS1494 My Rt Hon Friend, the Secretary of State for Education and Minister for Women and Equalities (Bridget Phillipson MP) has made the following statement:On the 7 April the government announced that it is capping the maximum interest rates …

▤ View document · ↗ GOV.UK · ↓

2025

1 event
20 Jan 2025 | Announcement Department for Education linked

Higher Education Student Support

UIN: HLWS369 My Right Honourable Friend, Secretary of State for Education and Minister for Women and Equalities (Rt Hon Bridget Phillipson) has made the following statement.The Government announced on 4 November a significant package of measures to support students an...

▤ View document · ↗ GOV.UK · ↓

2024

2 events
25 Jan 2024 | Announcement Department for Education linked

Higher Education Student Support

UIN: HCWS209 I am announcing details of student fees and support arrangements for higher-education students undertaking a course of study in the 2024/25 academic year starting on 1 August 2024 together with further help to address cost-of-living pressures in 2023/24. …

▤ View document · ↗ GOV.UK · ↓
25 Jan 2024 | Announcement Department for Education linked

Higher Education Student Support

UIN: HLWS207 My Right Honourable Friend, the Minister for Skills, Apprenticeships and Higher Education (Robert Halfon), has made the following statement.I am announcing details of student fees and support arrangements for higher-education students undertaking a course...

▤ View document · ↗ GOV.UK · ↓

2023

7 events
9 Nov 2023 | Announcement Department for Education linked

Higher Education Update

UIN: HCWS25 My Noble Friend, The Parliamentary Under Secretary of State for the School System and Student Finance (Baroness Barran) has made the following Written Ministerial StatementToday I am announcing the introduction of regulations to allow plan 2 (undergraduat...

▤ View document · ↗ GOV.UK
9 Nov 2023 | Announcement Department for Education linked

Higher Education Update

UIN: HLWS20 Today I am announcing the introduction of regulations to allow plan 2 (undergraduate), plan 3 (postgraduate) and plan 5 (undergraduate) student loan interest rates to be capped automatically each month, where they would otherwise exceed comparable prevail...

▤ View document · ↗ GOV.UK
15 May 2023 | Announcement Department for Education linked

Higher Education Update

UIN: HCWS769 My Noble Friend the Parliamentary Under Secretary of State for the School System and Student Finance (Baroness Barran) has made the following statement.The Government announced on 13 June 2022 that the student loan interest rate would be set …

▤ View document · ↗ GOV.UK
15 May 2023 | Announcement Department for Education linked

Higher Education Update

UIN: HLWS755 The Government announced on 13 June 2022 that the student loan interest rate would be set at a maximum of 7.3% between 1 September 2022 and 31 August 2023, in line with the forecast prevailing market rates. The …

▤ View document · ↗ GOV.UK
8 Feb 2023 | Announcement Department for Education linked

Student Loan Interest Rates

UIN: HLWS541 I am announcing today an additional temporary cap to the Post-2012 income contingent repayment undergraduate and postgraduate loan interest rates effective as of 1 March 2023.The Government announced on 13 June 2022 that the student loan interest rate …

▤ View document · ↗ GOV.UK
8 Feb 2023 | Announcement Department for Education linked

Student Loan Interest Rates

UIN: HCWS551 My Noble Friend, the Parliamentary Under Secretary of State for the School System and Student Finance (Baroness Barran) has made the following statement.I am announcing today an additional temporary cap to the Post-2012 income contingent repayment undergr...

▤ View document · ↗ GOV.UK
11 Jan 2023 | Announcement Department for Education linked

Higher Education Student Support

UIN: HCWS491 I am announcing details of student fees and support arrangements for higher education students undertaking a course of study in the 2023/24 academic year starting on 1 August 2023 together with further help to address additional cost of …

▤ View document · ↗ GOV.UK

2022

8 events
9 Nov 2022 | Announcement Department for Education linked

Higher Education Update

UIN: HCWS363 My Noble Friend, the Parliamentary Under Secretary of State for the School System and Student Finance (Baroness Barran), has made the following statement.I am announcing today an additional temporary reduction to the Post-2012 income contingent repayment ...

▤ View document · ↗ GOV.UK
9 Nov 2022 | Announcement Department for Education linked

Higher Education Update

UIN: HLWS355 I am announcing today an additional temporary reduction to the Post-2012 income contingent repayment undergraduate and postgraduate loan interest rates effective as of 1 December 2022.The Government announced on 13 June 2022 that the student loan interest...

▤ View document · ↗ GOV.UK
5 Sep 2022 | Announcement Department for Education linked

Student Loan Interest Rates

UIN: HLWS283 My honourable friend the Parliamentary Under Secretary of State for Skills, Further and Higher Education for Education (Andrea Jenkyns) has made the following Written Ministerial Statement:I am announcing today a temporary reduction in student loan intere...

▤ View document · ↗ GOV.UK
13 Jun 2022 | Announcement Department for Education linked

Higher Education Update

UIN: HCWS94 I am announcing today a temporary reduction in student loan interest rates to come into effect 1 September 2022. This unprecedented action brings student loan interest rates in line with the forecast prevailing market rates for comparable unsecured …

▤ View document · ↗ GOV.UK
13 Jun 2022 | Announcement Department for Education linked

Higher Education Update

UIN: HLWS91 My Right Honourable Friend the Minister of State for Higher and Further Education (Michelle Donelan) has made the following statement.I am announcing today a temporary reduction in student loan interest rates to come into effect 1 September 2022. …

▤ View document · ↗ GOV.UK
28 Jan 2022 | Announcement Department for Education linked

Higher Education Update

UIN: HCWS568 I am announcing details of the repayment threshold and interest rate thresholds that will apply to post-2012 (Plan 2) student loans, and the repayment threshold that will apply to postgraduate (Plan 3) student loans, for financial year 2022-23.Plan …

▤ View document · ↗ GOV.UK
28 Jan 2022 | Announcement Department for Education linked

Higher Education Update

UIN: HCWS569 I am announcing details of the repayment threshold and interest rate thresholds that will apply to post-2012 (Plan 2) student loans, and the repayment threshold that will apply to postgraduate (Plan 3) student loans, for financial year 2022-23.Plan …

▤ View document · ↗ GOV.UK
28 Jan 2022 | Announcement Department for Education linked

Higher Education Update

UIN: HLWS555 My Right Honourable Friend the Minister of State for Higher and Further Education (Michelle Donelan) has made the following Written Ministerial Statement:I am announcing details of the repayment threshold and interest rate thresholds that will apply to po...

▤ View document · ↗ GOV.UK

2021

9 events
9 Dec 2021 | Announcement Department for Education linked

Prevailing Market Rates

UIN: HCWS462 I am announcing today a temporary reduction in the maximum student loan interest rate following the continued reduction in the prevailing market rate for comparable unsecured personal loans.In accordance with the Teaching and Higher Education Act 1998, wh...

▤ View document · ↗ GOV.UK
9 Dec 2021 | Announcement Department for Education linked

Prevailing Market Rates

UIN: HLWS448 My Right Honourable Friend, the Minister of State for Higher and Further Education (Michelle Donelan), has made the following statement.I am announcing today a temporary reduction in the maximum student loan interest rate following the continued reduction...

▤ View document · ↗ GOV.UK
21 Oct 2021 | Announcement Department for Education linked

Higher Education Student Finance

UIN: HCWS339 I am announcing details of student finance arrangements for higher education students undertaking a course of study in the 2022/23 academic year starting on 1 August 2022.The Government announced in the ‘Interim Conclusion of the Review of Post-18 …

▤ View document · ↗ GOV.UK
21 Oct 2021 | Announcement Department for Education linked

Higher Education Student Finance

UIN: HLWS332 My right honourable friend the Minister of State for Higher and Further Education (Michelle Donelan) has made the following statement.I am announcing details of student finance arrangements for higher education students undertaking a course of study in th...

▤ View document · ↗ GOV.UK
9 Sep 2021 | Announcement Department for Education linked

Prevailing Market Rates

UIN: HLWS268 My honourable friend the Minister of State for Universities (Michelle Donelan), has made the following statement.I am announcing today a temporary reduction in the maximum student loan interest rate following the recent decline in the prevailing market ra...

▤ View document · ↗ GOV.UK
10 Jun 2021 | Announcement Department for Education linked

Prevailing Market Rates

UIN: HCWS82 On 9 June I announced a temporary reduction in the maximum student loan interest rate following the recent decline in the prevailing market rate for comparable unsecured personal loans.In accordance with the Teaching and Higher Education Act 1998, …

▤ View document · ↗ GOV.UK
10 Jun 2021 | Announcement Department for Education linked

Prevailing Market Rates

UIN: HLWS81 My honourable friend The Minister of State for Universities (Michelle Donelan) has made the following statement:On 9 June I announced a temporary reduction in the maximum student loan interest rate following the recent decline in the prevailing market …

▤ View document · ↗ GOV.UK
13 Apr 2021 | Announcement Department for Education linked

Higher Education Update

UIN: HCWS912 The government recognises the disruption that COVID-19 has caused for many students and their families because they have not yet been able to return to their university. Last?academic term we?advised that?all students on practical and creative courses cou...

▤ View document · ↗ GOV.UK
13 Apr 2021 | Announcement Department for Education linked

Higher Education Update

UIN: HLWS904 Today my honourable friend The Minister of State for Universities (Michelle Donelan) has made the following statement.The government recognises the disruption that COVID-19 has caused for many students and their families because they have not yet been abl...

▤ View document · ↗ GOV.UK

2020

5 events
16 Nov 2020 | Announcement Department for Education linked

Higher Education Update

UIN: HLWS569 My honourable friend the Minister of State for Universities (Michelle Donelan) has made the following Written Ministerial Statement. As a Government we have made a commitment to ensure students living at university will be able to go home …

▤ View document · ↗ GOV.UK
11 Nov 2020 | Announcement Department for Education linked

Higher Education Update

UIN: HCWS571 As a Government we have made a commitment to ensure students living at university will be able to go home at the end of term, if they choose to do so. Today, I am announcing the measures that …

▤ View document · ↗ GOV.UK
6 Jul 2020 | Announcement Department for Education linked

Higher Education Student Finance

UIN: HCWS336 I am announcing details of student finance arrangements for higher education students undertaking a course of study in the 2021/22 academic year starting on 1 August 2021.Maximum tuition fees for the 2021/22 academic year in England will be …

▤ View document · ↗ GOV.UK
6 Jul 2020 | Announcement Department for Education linked

Higher Education Student Finance

UIN: HLWS329 My honourable friend the Minister of State for Universities (Michelle Donelan) has made the following Written Ministerial Statement.I am announcing details of student finance arrangements for higher education students undertaking a course of study in the ...

▤ View document · ↗ GOV.UK
2 Jun 2020 | Announcement Department for Education linked

Higher Education stabilisation package draft Regulations

UIN: HLWS248 My honourable friend the Minister of State for Universities (Michelle Donelan) has made the following Written Ministerial Statement.On 4 May 2020, the Secretary of State for Education announced a package of measures to protect students and higher educatio...

▤ View document · ↗ GOV.UK