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Bridget Phillipson
Universities are responsible for managing their own finances and must act to remain sustainable, but Members across the House will agree that it is no use keeping tuition fees down for future students if the universities are not there for them to attend, nor if students cannot afford to support themselves while they study. I therefore confirm that we will boost support for students with living costs by increasing maximum maintenance loans in line with inflation, giving them an additional £414 a year in ’25-26.
[Official Report, 4 November 2024; Vol. 756, c. 48.]
Written correction submitted by the Secretary of State for Education, the right hon. Member for Houghton and Sunderland South (Bridget Phillipson):
Bridget Phillipson
Universities are responsible for managing their own finances and must act to remain sustainable, but Members across the House will agree that it is no use keeping tuition fees down for future students if the universities are not there for them to attend, nor if students cannot afford to support themselves while they study. I therefore confirm that we will boost support for students with living costs by increasing maximum maintenance loans in line with inflation, giving them up to an additional £414 a year in ’25-26.