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Students: Finance

Asked by Mr Tanmanjeet Singh DhesiLabourDepartment for EducationTabled Answered 17 January 2025UIN 23823

The question

To ask the Secretary of State for Education, what recent steps she has taken to increase awareness of financial support available to students.

Answered by Janet Daby

Information on the student support package for the 2024/25 academic year, is available on GOV.UK at: https://studentfinance.campaign.gov.uk/currently-a-student/.

The higher education (HE) sector needs a secure financial footing to face the challenges of the next decade, and to ensure that all students have confidence that they will receive the world-class HE experience they deserve.

In line with this approach, on 4 November 2024, this government announced that from 1 August 2025 it will be increasing both the maximum cap for tuition fees, and maintenance loans for students, in line with inflation.

There is much more to do to expand access and improve outcomes for disadvantaged students. That is why we have announced that we expect the HE sector to do more to support students by working with the government and the Office for Students, and by making the most of the Lifelong Learning Entitlement. We will be setting out longer-term plans for the sector next year.

Further information for prospective students is provided on the Student Finance England website, available here: https://studentfinance.campaign.gov.uk/student-toolkit/.

The government will announce further details of the student finance package for the 2025/26 academic year soon.

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