Government support for poorer students lowest in seven years

Published date15 June 2022
Publication titleHuddersfield Daily Examiner
The Institute for Fiscal Studies (IFS) said that as maintenance loan entitlements fail to keep pace with rising levels of Consumer Prices Index (CPI) inflation, even students eligible for a maximum maintenance loan would have to make do with far than they would make earning the minimum wage

The IFS said the cutbacks in support were due to forecasting errors, as annual rises in maintenance loans were based on predictions of inflation rates made years in advance, while inflation has recently been much higher than forecast.

It says that at just 2.3%, the cash-terms increases for loans for the 2022-23 academic year would...

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