The proportion of plan 2 borrowers expected to have repaid their loans in full has not changed compared to 2019-20 cohort forecast published in the last student loans forecasts release in
The transfer proportion differs from the RAB charge in the way future repayments are discounted to present values. The discounting of future repayments used for calculating the transfer proportion is based on the individual borrower’s interest rates, which vary across different loan products. This is why the transfer proportion can be lower or higher than the RAB charge for different loan products.
