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Students: Loans

Question for Department for Education

UIN 104384, tabled on 14 January 2022

To ask the Secretary of State for Education, pursuant to the Answer of 7 January 2022 to Question 93857 on Students: Loans, what the financial value is of the 136 cases of full or partial loss to fraud relating to Student Finance England loans.

Answered on

21 January 2022

The financial value of the 136 cases of full or partial loss to fraud relating to Student Finance England loans in the 2020-21 financial year is £963,806. The percentage of the 136 loans given out fraudulently out of the total number of loans provided by Student Finance England in the 2020-21 financial year is around 0.01%.