The average full-time Welsh student can claim £10,710 in maintenance grants and loans, which will rise to £11,720 thanks to this increase.
This will apply to full-time and part-time higher education students from Wales, who began a course on or after 1 August 2018.
Living costs support is rising in line with the National Living Wage, which is unique to Wales. In contrast, the UK Government has announced a 2.8% increase for students ordinarily resident in England.
The Minister for Education and Welsh Language, Jeremy Miles said: “Living costs should never be a barrier to studying at university. This increase in support will ensure that students from all backgrounds are able to access higher education.
“Despite continuing budget pressures, I have ensured that the value of support is increased accordingly at this time of exceptional cost-of-living pressures.”
