11 Jan 2023
MillionPlus, the Association for Modern Universities, has today (11 January) responded to the Government’s announcement on maintenance loans.
Rachel Hewitt, Chief Executive of MillionPlus, said:
“That the sector and students belatedly have some clarity in terms of the level of maintenance support available for the next academic year is welcome, however, at a time of unprecedented strain on personal budgets, the Government needed to go further to make any real inroads on this issue. The Government’s 2.8% uplift in maintenance loans equates to a significant real-terms cut in student support. Universities will continue to support their students through the cost of living crisis, but with their budgets also stretched they can only do so much. While the £15m additional hardship funding will help to support this work, more action is needed to support students.
“Last October our Learning With the Lights Off report highlighted that 300,000 students, disproportionately from disadvantaged backgrounds, are at risk of severe financial hardship because of the cost of living crisis. The choice between completing your studies or eating is no real choice at all, but that could be the situation many find themselves in. The funding arrangements announced today will do little to alleviate that stark choice.”
Notes to editors