UK student fees for University in England are set to rise as of next year, for the first time in 8 years. Undergraduate tuition fees are set to rise to £9,535 a year. This is an increase of £285 on the fees, which were frozen at a maximum of £9,250 since 2017, until now. Maintenance loans are also set to rise, as confirmed by education secretary Bridget Phillipson, in order to help students manage the cost of living. It’s been reported that, for Universities, the higher fees are a cash injection to assist with their most immediate financial challenges.
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00:00UK student fees for universities in England are set to rise as of next year for the first
00:06time in eight years. Undergraduate tuition fees are set to rise to £9,535. This is an
00:13increase of £285. Maintenance loans are also set to rise, as confirmed by Education Secretary
00:20Bridget Philipson, in order to help students manage the cost of living. It's also been
00:25reported that for universities, the higher fees are a cash injection to assist with their
00:30most immediate financial challenges. Now, the National Union of Students have called
00:34the tuition fee rise a sticking plaster, but added that higher maintenance loans will make
00:39a real difference to the poorest of students. MP Bridget Philipson said that the government's
00:44plan is to announce further major reform for long-term investment in the universities in
00:49the coming months. The Institute for Fiscal Studies said the tuition fees increase would
00:55spare universities a further real-terms cut to their teaching resource, but they urged
00:59the government to confirm whether fees would continue to increase following next year.