The Welsh government is increasing student maintenance support by 9.4 per cent – more than three times the rate of the increase in England.
Ministers said that the typical full-time student from Wales would be able to claim £11,720 in maintenance grants and loans for the 2023-24 academic year, up from £10,710 this year.
The Westminster government has been criticised for applying an uplift of just 2.8 per cent to English maintenance loans, which amounts to a significant real-terms cut with inflation running at 10.5 per cent.
This is in line with inflation predictions dating back to November 2020, which have proven to be significant underestimates, leaving students about £1,500 out of pocket.