From September 2020, nursing students will be handed £5,000 a year to assist with their studies.
Prime Minister, Boris Johnson pledged to return bursaries in the Conservative manifesto and he has now followed through on his promise.
It would be then a great time for those leaving the military and interested in this sector to look at options moving ahead.
The funding does not need to be repaid and will be given to all new and continuing degree level midwifery students from September onwards.
It will aim to benefit around 35,000 students per year.
Prime Minister Boris Johnson said: “I have heard loud and clear that the priority of the British people is to focus on the NHS – and to make sure this treasured institution has everything it needs to deliver world-class care.
“Nurses epitomise everything that makes the NHS so revered across the world – skill, compassion, energy and dedication.
“On the steps of Downing Street last week, I said we will deliver 50,000 more nurses, and this new financial support package is a crucial part of delivering this.
“There can be no doubting our commitment to the NHS, and over the coming months we will bring forward further proposals to transform this great country.”
RCN chief executive and general secretary Donna Kinnair said: “With tens of thousands of vacant nurse jobs, serious measures are needed. This grant is a first victory for the campaign that our student nurses are running. The announcement will hopefully encourage more people to apply to a nursing degree by the mid-January deadline.”
Read more on the healthcare sector in the January issue of Pathfinder International. To subscribe email pathfinder@balticpublications.co.uk