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University attendees to receive $170m extra in student finance

Tuesday, 24 May 2011

Posted by Mozo

Aussies heading to university next year may be set to receive an extra $170 million in student finance.

The government plans to boost the number of student banking customers over the coming years and a target was set in which 40 per cent of those between the ages of 25 and 34 would have a bachelors degree by 2025.

Funding has already been stepped up, with the amount lent to students rising from the $1.35 billion handed out this year, reports the Advertiser.

However, some of those at university have expressed disappointment that the authorities have not opted to increase the amount allocated to each person in higher education.

Jesse Marshall, national president of the National Union of Students, said the surge in student numbers may lead to difficulties for universities.

"Timetabling issues, class size issues, access to services and support issues and access to facilities issues on campus" were all cited as potential problems.

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