MoneySavingExpert News

Student Loans

Parents in England expected to contribute up to £15,000 a year towards children's university living costs, new report finds

Parents and carers in England have to contribute up to £15,127 a year in order for their children to have a minimum acceptable standard of living at university, according to a major new report.

9 May 2024

Boost for Scottish students as they're to get extra living costs support

Scottish students are to receive a £2,400 boost to help with their living costs from this September in the form of a new "special support" loan.

7 February 2024

English student living loans to rise by 2.5% in September – a real-terms CUT that will leave many struggling, warns Martin Lewis

English student living loans will once again rise by less than the rate of inflation, the Government has announced.

5 February 2024

Martin Lewis' warning to former students as MSE reveals over one million people WRONGLY overpaid their student loans last year

Over a million people wrongly overpaid their student loans last year, according to a new MSE investigation.

10 October 2023

Gov.uk giving false and misleading information to students applying for loans and their parents – Martin Lewis calls for urgent correction

It could mean students miss out on £100s or even £1,000s in support they're entitled to.

28 July 2023

Martin Lewis: Student loan costs will double for many in England from September 2023

MoneySavingExpert.com founder Martin Lewis explains what's happening to student finance in England in his latest 'Wallet Wednesday' slot on ITV's Good Morning Britain.

9 May 2023

'Lifelong loans' to launch in 2025 to help those in England wanting to study, train or retrain later in life

People in England aged up to 60 who want to study, train or retrain will be able to access flexible student finance to help them do so from 2025, the Government has confirmed today.

7 March 2023

Martin Lewis: Ouch – how much should parents give or save for their children's university costs?

If you're a parent thinking about how you might be able to help your child with their university costs, MoneySavingExpert.com's founder Martin Lewis has an important warning for you, which he shared in the latest episode of ITV's The Martin Lewis Money Show Live.

1 February 2023

Martin Lewis: Students in England ‘dealt a blow’ as Government plans to increase maintenance loans by just 2.8% - what you need to know

Struggling students have been “dealt a blow” as loans to help with living costs will fall far short of rising inflation, based on Government plans. From September, English students will see a real term cut to maintenance loans of 8p in the £1 - a shortfall students or parents will have to make up for themselves.

20 January 2023

Student loan interest rates to rise again for Plan 2 and Postgraduate borrowers from December – what it means for you

Student loan interest rates will rise for many next month. But this WON'T make a difference to your monthly repayments. Here's what you need to know.

10 November 2022