Mae’r cyllid wedi’i roi i Gyngor Cyllido Addysg Uwch Cymru (CCAUC), a’i nod yw helpu myfyrwyr prifysgol a’r rhai sy’n symud i mewn i addysg uwch.
The funding has been provided to the Higher Education Funding Council for Wales (HEFCW) and aims to benefit university students and those moving into higher education.