University students across England have revealed the full impact the cost of living crisis is having on them as the academic year reaches the halfway point. Results from a recent survey conducted by the Office of National Statistics (ONS) have found that students are struggling to keep up with rising bills and rent, with many now considering leaving university to save on costs.
Commenting on the Government's decision to increase hardship funding and award an uplift to the maintenance loan, Vivienne Stern MBE, Chief Executive of Universities UK, said:
Universities across the UK are stepping up to provide extra support in the cost of living crisis. The need to do so was brought into sharp focus as students around the UK are struggling to cope with the cost of living according to a new survey investigating its impact on university students.
A new practice note will today be published by Universities UK to help universities prepare, ahead of the start of the academic year, for any reported spiking incidents.
After a record number of applications to UK universities, hundreds of thousands of students across the country have been admitted to their first-choice universities, with more anticipated to find places as Clearing opens today.
Universities are gearing up to help the growing number of young people applying to university this summer, with the vast majority expected to get their first-choice course.
University leaders are warning that proposed reforms to post 18 education and funding in England would turn back the clock on social mobility while limiting the government’s own levelling up agenda.