Students: Loans

(asked on 16th July 2014) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, if she will take steps to increase maintenance loans for university accommodation in respect of (a) students in places with expensive accommodation costs and (b) other students.


Answered by
Greg Clark Portrait
Greg Clark
This question was answered on 2nd September 2014

The Government announced an increase of 3.34% to maximum maintenance loans for the 2015/16 academic year earlier this year. This increase will apply to all rates of maintenance loan, including the higher rate loan for students living away from home and studying in London, where living costs (including those for accommodation) are generally higher.

Decisions on student support arrangements for higher education courses are taken on an annual basis. The Government will review student support arrangements for the 2016/17 academic year in 2015.

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