Written question WQ89685

Asked by: Adam PricePlaidMember for Carmarthen East and Dinefwr
To be answered by: Minister for Education and the Welsh Language
Tabled: 20 November 2023Tabled in Welsh
Due: 27 November 2023
Answered: 28 November 2023
Time to answer: 8 days1 day after the due date

Question

How much interest has Welsh Government received from student loans since the current student support policy was put in place in 2018?

Answer

Answered by Minister for Education and the Welsh Language

The Welsh Government accounts include the interest added as part of the financial assets – investments and loans note. The information is published on the Welsh Government website under the Welsh Government consolidated annual accounts

The table below summarises the interest from 2018-19 to 2021-22. The accounts for the financial year 2022-23 have not yet been published.

Financial Year

Income from students loans interest

£m

Welsh Government consolidated accounts

2018-19

129

Note 6 - Financial Assets - Investments and Loans - Page 98

2019-20

209

Note 6 - Financial Assets - Investments and Loans - Page 122

2020-21

171

Note 6 - Financial Assets - Investments and Loans - Page 202

2021-22

178

Note 6 - Financial Assets - Investments and Loans - Page 229

Source: Welsh Government consolidated annual accounts | GOV.WALES

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