The first hike since 2016 will see a 3.1% increase in university tuition fees in England next year, according to UK Education Secretary Bridget Phillipson.

The increase, which is ascribed to inflation, will raise the annual maximum cost to 9,535 pounds ($12,335). In order to help with living expenditures, student maintenance loans will also be increased by 3.1%, according to Xinhua news agency.

Phillipson highlighted financial challenges in higher education and hinted at upcoming reforms aimed at expanding access for disadvantaged students.

Shadow Education Secretary Laura Trott criticised the move, suggesting it adds students to a list of those adversely impacted by recent budget decisions.