Part of 1. Questions to the First Minister – in the Senedd at 2:14 pm on 1 May 2018.
Yes, absolutely. Our new student finance package is supported by the National Union of Students in Wales, and answers many of the questions raised by the review in England. It's the most generous in the UK, and it's designed to give more help towards living costs by providing the equivalent to the national living wage through a mix of non-repayable grants and loans. This means students can focus on their studies rather than worrying about making ends meet.
Wales was the first country in Europe to provide equivalent living cost support in grants and loans to full-time and part-time undergraduates, as well as postgraduates. The total amount of full-time student support awarded for the academic year 2015-16 was £797.5 million, which is an increase of 7 per cent on the previous year. Our recent performance data suggests retention rates for undergraduate higher education students in Wales are improving. Data for Wales for full-time first degree young entrants from low-participation areas shows a reduction in withdrawal rates from 9.1 per cent in the 2015-16 data to 7.6 per cent in the 2016-17 data. Because, as Jenny Rathbone correctly identifies, it's not just getting into university; it's staying there and being able to concentrate on your studies and not be undermined or disadvantaged by having to work through your student life in a way that's unfair and disadvantages you in your future endeavours. So, our support package is absolutely designed to do just that, because we want to support those communities who have the brightest children, from whatever their background, to make sure that they can be the very best person that they can possibly be.