University launches £9million cost of living support for students

University of ManchesterIn recognition of the significant challenges faced by students over rising costs, the University is dedicating £9million to providing further student support, building on an initial programme of wellbeing and financial assistance provided together with the Students’ Union.

The latest package of support represents a commitment of over £7million. Further targeted support in 2023 for those most in need will be announced in due course and bring the total of committed student support to £9million.

Registered students will each receive a one-off cost of living payment. Full-time students will receive £170 and part-time students will receive £85, paid into their UK bank account.

This sector-leading initiative is a result of ongoing discussions between the University and the Students’ Union, arising directly from student feedback and suggestions from the Executive Officers.

The roll-out for the payments is expected before the Christmas break, to help support students over the winter months. A very small number of professional level postgraduate courses are excluded.

It builds on existing financial support previously announced, including increases to the University’s Cost of Living Support Fund, and providing grants of up to £2,000 to students who are struggling, plus raising the minimum stipend for 2022/23 by more than £2000 for all PGRs who are on a studentship funded directly by the University.

The University has also put into place assistance in the form of cheaper food options, free microwave and hot water facilities, free showers, and free period products. Library fines have been ended and free eBooks provided to help students meet costs of studying. The Students’ Union is also helping to provide free and discounted access to sports and recreation and has put on study nights with free food in a warm environment.

Working with the Students’ Union, the University is providing more jobs for students on campus, easier and increased access to short-term emergency financial assistance, and funding a new Money Advisor post to be created in the Students’ Union. These and other measures are detailed online and are being communicated to students.

Sam Bronheim, Union Affairs Officer at the Students’ Union, said: “We have valued collaborating with the University on this project and are glad they have listened to our ideas. With action like this, we hope students feel that, through the Students’ Union, their needs have not only been heard but met by the University.” 

Professor April McMahon, Vice-President for Teaching, Learning and Students, said: “The cost of living crisis is a major concern for our students, especially at this time of year. I’m so delighted that, working closely with the Students’ Union, we’ve been able to offer this payment. We also have wider support in place including wellbeing and further financial support through our Cost of Living Support fund, so would encourage any student that needs our help to please reach out.”