Student and Graduate Finance: Cost of Living

Part of Education – in the House of Commons at on 31 January 2022.

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Photo of Michelle Donelan Michelle Donelan Minister of State (Department for Education) (Higher and Further Education)

We have frozen maximum tuition fees for the fifth year in succession, saving a typical full-time student finishing a course in the 2022-23 academic year over £3,000 in fee loans for the three-year degree. Maximum grants and loans have increased by 3.1% for the current academic year, with a further 2.3% increase announced for the next academic year.