Announcement

Higher Education Student Finance arrangements confirmed for the 2013/14 Academic Year

This news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Maximum Maintenance Grants for low income students attending full-time courses will be increased in line with inflation. Maximum…

  • Maximum Maintenance Grants for low income students attending full-time courses will be increased in line with inflation.

  • Maximum charges for tuition and maximum tuition loans will be maintained at 2012/13 levels.

  • Maximum Fee and Course Grants for part-time and full-time distance learning students who started their courses before September 2012 will also be increased in line with inflation.

  • All other grants and loans for living costs will be maintained at 2012/13 levels in 2013/14.

Business Secretary Vince Cable said:

“In tough times we have been able to improve upon the existing student support package. Next year we will increase living cost grants for students from disadvantaged backgrounds, and there is a generous package of support available to all other students.”

Universities and Science Minister David Willetts said:

“We are giving universities early advice so they can ensure prospective students understand the support available to them. This is a sustainable and fair package which gives flexibility to institutions and secure support to students, with more support for disadvantaged students.”

Regulations implementing these changes to student support for 2012/13 will be laid in Parliament before the summer recess.

Notes to editors:

  1. A Written Ministerial Statement setting out the Higher Education Student Finance Package for the 2013/14 Academic Year was tabled in Parliament today.

  2. For information on tuition fees, maintenance grants and loans and other student assistance available to students in 2012 and 2013 visit www.direct.gov.uk.

  3. BIS’s online newsroom contains the latest press notices, speeches, as well as video and images for download. It also features an up to date list of BIS press office contacts. See [http://www.bis.gov.uk/newsroom](http://www.bis.gov.uk/newsroom) for more information.

Notes to Editors

Contact Information

Name BIS Press Office Job Title

Division COI Phone

Fax

Mobile

Email NDS.BIS@coi.gsi.gov.uk

Name Michael Gibbs Job Title

Division Department for Business, Innovation and Skills Phone 020 7215 1635 Fax

Mobile

Email michael.gibbs@bis.gsi.gov.uk