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UCL awards almost £9 million in its Undergraduate Bursary to support students in 2022-23

1 December 2023

Last year, UCL awarded almost £9 million to over 3,500 UK students from lower household income backgrounds to help with their essential living costs such as rent and transport through its Undergraduate Bursary scheme.

UCL Bursary

Individual bursary values were increased to help mitigate cost of living pressures with students receiving up to £3,000 a year.  

UCL recognises the impact that the rising cost of living has on students and has therefore announced that the Undergraduate Bursary will continue to offer an increased level of support for the 2024-25 academic year. The bursary is non-repayable and is automatically assessed using information provided in students’ applications to Student Finance.  

This bursary sits alongside the UCL Financial Assistance Fund, which awarded nearly £1 million to students last year who found themselves in unexpected financial need. The fund is open to all UCL students. 

Kevin King, Head of Student Funding says: 

‘Our undergraduate bursary scheme provides targeted support to students who need it most. With the rise in the cost of living, it has been difficult for students to maintain their finances and we are committed to providing as much support as possible.’ 

 Further information: