The UK government recently declared that it would increase its assistance for study abroad aspirants in need by £15 million. The £261 million student premium fund that was allotted earlier this year to aid underprivileged students would be increased. The extra funds will enhance financial aid that institutions are providing through their hardship support, bursary, and scholarship programmes. The cost of living crisis has brought a long-standing issue to a head, and this will sort of be a quick answer for it.
Study abroad has long requested institutions to provide them with more financial aid. This academic year, students have continued to request help, and during the 2021–2022 academic year, numerous British institutions distributed more than £100,000 in hardship support to non–UK students.
As financial hardship affects students in many ways and impacts students’ studies and mental health. Regardless of whether a college or university receives additional government funds, students should be able to count on the same level of assistance from the government. Members have stepped up to support students during this cost-of-living crisis. From daily meal bargains to increased hardship funds, universities are working hard to provide study abroad aspirants with the help they need.
Earlier, Universities were also urged to provide additional support to the students during the crisis of the cost of living. From daily meal plans to increased hardship funds, universities are working hard to provide students with the help they need. The government’s additional funds will support their efforts.
The Hardship Fund is aimed at assisting with short-term living expenses and is means-tested. There is no way to lower tuition costs with the money. Students who apply for the fund should use all available resources, such as part-time employment, savings, and government subsidies.
Study abroad aspirants enrolled in undergraduate, graduate-level taught, or postdoctoral research who have previously used up all of their other funding options, including any grants they may be eligible for and the Student Loans Company.
Students from outside the United States, pre-settled EU citizens, and UK citizens who have not yet been vetted by a UK funding body.
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