Students: Loans
The question
To ask the Secretary of State for Education, what assessment her Department has made of the adequacy of the maintenance loans system for meeting students’ cost of living needs.
Answered by Janet Daby
The government has published an Equality Impact Assessment of changes to fees and student support on groups with protected characteristics for the 2025/26 academic year, which is available here: https://www.legislation.gov.uk/ukia/2025/14/pdfs/ukia_20250014_en.pdf.
The government recognises the impact that the cost-of-living crisis has had on students. However, we need to ensure that the student funding system is financially sustainable. Maximum loans and grants for living and other costs for the 2025/26 academic year will be increased by forecast inflation, which is 3.1% based on the RPIX inflation index (Retail Price Index excluding mortgage interest), with the most support paid to students from the lowest income backgrounds.
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