Oral question asked in the House of Commons, by Chi Onwurah (Labour). It was answered on Monday, 16 January 2023 on behalf of the Department for Education.

Cost of Living: Students

Question: Newcastle University student union’s recent cost of living crisis survey revealed that 41% of students had considered dropping out due to financial pressures. They are trying to balance studying with part-time and full-time jobs, and they feel increasingly isolated and exhausted. The student union food bank is restocked daily and is emptied quickly, with the record being within seven minutes. The Minister knows that his additional hardship fund works out at about £10 per student, and students are £1,500 worse off because of the mismanagement of maintenance loans. Why is he punishing students like this?

Answer: Of course I recognise that some students are facing hardship with the cost of living challenges, like many people up and down the country. The £276 million is a lot of money that universities can draw on. As I mentioned, there has been an increase of £15 million. Students in private accommodation can get a £400 rebate on their energy bills. We have frozen tuition fees for the past few years; by 2024-25, they will have been frozen for seven years. We have increased maximum loans and grants by 2.8% and if students’ incomes fall below a certain level, they can reapply to get their loans looked at. I really welcome the fact that Newcastle University has increased the package of support available to students to more than £1.7 million—

Secondary information