Labour to reinstate scrapped maintenance grants for students if elected
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Scrapped student maintenance grants would be reinstated under a Labour government, the party has announced. The party would also restore the Education Maintenance Allowance for 16-18-year-olds if it wins power in the next general election. Labour said the measures would support more than one million young people and increase the number of students from poorer backgrounds continuing in education. Reversing the cuts would be paid for by increasing corporation tax by less than 1.5%, the party said. The Tory Government scrapped maintenance grants for university students from poor backgrounds in England earlier this year, replacing the payments of around £3,500 with additional loans, which will have to be paid back at the end of an undergraduate course and once graduates are earning more than £21,000. In 2011 the Conservative-Liberal Democrat coalition withdrew the Education Maintenance Allowance - a payment of £30 a week to teenagers from poorer families to help them stay in education. It was replaced with a bursary scheme that gives some of the money to schools and colleges.
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