Students: Finance

(asked on 26th October 2022) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what recent discussions her Department has had on tailored support for students during the cost of living crisis.


Answered by
Robert Halfon Portrait
Robert Halfon
This question was answered on 3rd November 2022

The government recognises the additional cost of living pressures that have arisen this year and impacted students. Many higher education providers have hardship funds that students can apply to for assistance.

There is £261 million of student premium funding available this academic year to support disadvantaged students who need additional help. The department has worked with the Office for Students to ensure universities support students in hardship by using 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 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 Great Britain.

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

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