Northern Ireland's economy minister has announced a 40% increase in student maintenance loans from 2023.
The increase will provide students with approximately £55m extra to help with living costs.
Loans vary according to circumstances but the rise means support available for students living away from home will rise from £4,840 to £6,776.
Gordon Lyons said his department would also undertake a full review of the higher education funding system.
This will include the support provided to students such as maintenance loans and grants and the support provided to the sector including teaching grant and fees.
The minister has also confirmed an uplift of 1.8% to tuition fees and tuition fee loan products.
