Welsh Labour’s Education Minister Leighton Andrews today welcomed extra funding to ease the pressures on student finances.
The Welsh Assembly Government has allocated a further £25million from in-year reserves for 2010/11.
Extra pressure in the current year has been caused by a rise in the number of students in 2009/10 and 2010/11. At the same time there was an increase in the number of students eligible for means-tested grants.
This funding is evidence of how the Labour-led Welsh Assembly Government is helping students to get the best possible start in life. Despite a difficult overall funding settlement the Assembly Government continues to have a strong commitment to Higher Education, and will be investing nearly £400 million next year.
As the Assembly Government tries to protect education spending following the worst financial settlement since the Assembly was established in 1999, this latest funding increase recognises the increase in student numbers this year.
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