This petition was submitted during the 2019-2024 parliament
Rejected petition Increase the Maintenance Loan and Master's Loan by 10.1% for 2023/24
From April 2023, both benefits and the state pension will increase by 10.1% - in line with inflation. In contrast, SFE has only increased the maintenance loan provision and the postgraduate loan by 2.8%. This is estimated by Save the Student to leave students £1500 worse off a year.
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With housing, food and bills all costing the average student significantly more, one in four students has taken on new debt to fix the widening chasm between their income and expenses. Whilst the government has dedicated additional funds to hardship funding, universities are overwhelmed with demand for support (see https://www.theguardian.com/education/2022/oct/20/universities-double-or-triple-student-hardship-funds-in-face-of-soaring-need). Survival should not be the sole focus at university.
This petition was rejected
Why was this petition rejected?
There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
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https://petition.parliament.uk/petitions/632022
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