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07
March
2023
|
12:05
Europe/London

10,000 students to receive second cost of living payment

As part of a sector-leading 拢9m fund of financial support for students Swag直播 is providing payments to 10,000 students to further help with the cost of living crisis.

The University has worked in a close relationship with the Students' Union since summer 2022 to . Today, we are announcing the next stage in this support: an additional payment to 10,000 students, which comes from the 拢9million package announced in November 2022.

We understand that the rising cost of living is a major concern for our students, and we're committed to providing support to help.

Sam Bronheim, Union Affairs Officer at the Students鈥 Union, commenting on behalf of the elected SU Officer Team, said: 鈥淲e are delighted to announce this second targeted payment to 10,000 students and we鈥檒l continue to collaborate with the University to support the wider student body with the rising cost of living. We鈥檙e also lobbying local and national government, on students鈥 behalf, to introduce greater financial support for the student community鈥.

Eligible full time students will receive 拢230 and eligible part time students will receive 拢115.

We are delighted to announce this second targeted payment to 10,000 students and we鈥檒l continue to collaborate with the University to support the wider student body with the rising cost of living. We鈥檙e also lobbying local and national government, on students鈥 behalf, to introduce greater financial support for the student community.

Sam Bronheim, Union Affairs Officer, the Students’ Union

The payment will be made to:

Eligible students will receive an email by Wednesday, 8 March confirming that they will receive the payment and asking them to update their bank details on the student system.

We鈥檙e proud of the cost of living support package we鈥檝e developed with the Students鈥 Union, but we recognise that there are still significant challenges facing the student community. We鈥檙e committed to advocating on behalf of our students to government to improve the situation. For example:

We agree that that the 2.8% increase in the student maintenance loans provided by the UK Government is insufficient. We're actively working with other universities to encourage a review of this and our President and Vice Chancellor, Professor Nancy Rothwell, has been lobbying government ministers on this issue.

The Students鈥 Union is making sure that students鈥 concerns are heard by Mayor Andy Burnham through the Greater Swag直播 Student Assembly and is collaborating with other students鈥 unions to lobby central government.

We鈥檙e advocating for affordable rents and when Swag直播 City Council ask us to comment on planning applications, we won鈥檛 support any new student accommodation unless it offers good value for money.

Our Cost of Living support doesn鈥檛 stop with these payments to students. We also have a support fund that can provide, depending on a financial assessment, non-repayable grants up to 拢2,000; trained advisors on hand to help with a range of money matters; an emergency loan scheme; and mental health and wellbeing support.

The payment will be made through our own finance system, any students with queries should be directed to our .

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