The funding will help address cost of living crisis facing learners and students of all ages. It will improve and promote money advice services in higher education, including for those moving from college or school to higher education.

It will also help support students facing financial pressures by extending hardship funding.

The funding has been provided to the Higher Education Funding Council for Wales (HEFCW) and aims to benefit university students and those moving into higher education.

HEFCW will be asking universities and colleges to work with students’ unions to make sure the funding makes the best possible impact on the lives of students.

Further information