Students: Finance

(asked on 15th November 2022) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, whether her Department is taking steps to help support university students with the rising cost of living in winter 2022.


Answered by
Robert Halfon Portrait
Robert Halfon
This question was answered on 25th November 2022

The department recognise the additional cost of living pressures that have arisen this year and that have impacted students. Many higher education (HE) providers have hardship funds that students can apply to for assistance.

There is £261 million of student premium funding available in the 2022/23 academic year to support disadvantaged students who need additional help. The department has worked with the Office for Students (OfS) to ensure that universities support students in hardship, using both hardship funds and drawing on the student premium.

In addition, all households will save on their energy bills through the Energy Price Guarantee and the £400 Energy Bills Support Scheme discount. Students who buy their energy from a domestic supplier are eligible for the energy bills discount. The Energy Prices Bill, introduced on 12 October 2022, includes the provision to require landlords to pass benefits they receive from energy price support, as appropriate, onto end users. Further details of the requirements under this legislation will be set out in regulations.

Students whose bills are included in their rent, including energy charges, will typically have agreed their accommodation costs upfront when signing their contract for the current academic year. Businesses, including those that provide student accommodation, are covered by the Energy Bill Relief Scheme which provides energy bill relief for non-domestic customers in the UK.

A Treasury-led review will be launched to consider how to support households and businesses with energy bills after April 2023.

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