Written Question·Department for Education·UIN 119775

Students: Loans

Tabled: 10 March 2026
Answered: 23 March 2026
Named Day

Question

David Reed

ConservativeExmouth and Exeter East

To ask the Secretary of State for Education, a) what is the current RAB charge for Plan 2 loans, and b) how has this changed year-on-year since 2019.

Answer

Josh MacAlister
The current Resource Accounting and Budgeting (RAB) charge for Plan 2 loans in England is 32.2%. The RAB charge for Plan 2 loans has changed as follows since 2019:RAB charges (Financial Year)Plan 22019/2053.0%2020/2154.0%2021/2245.0%2022/2328.5%2023/2429....

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