cut in teaching subsidy to arts, humanities and social sciences announced.
STEM subjects and some modern languages to be protected.
student fees to be set at £9,000 with no government levy to pay (as
originally mooted in the Browne Review) but stringent requirements for
widening participation and fair access for those who charge over £6,000. It will be up to
the university or college to decide what it charges, including whether it
charges at different levels for different courses. According to UCU calculations, a
three-year degree with annual tuition fees of £6,000 would cost a total of
£38,286, including maintenance loans and interest payments.
charges will be determined by individual universities as from 2012/13.
A new £150m
National Scholarships Programme will be targeted at “bright potential
students from poor backgrounds”. Students from families with incomes of up
to £25,000 will be entitled to a more generous student maintenance grant
of up to £3,250 and those from families with incomes up to £42,000 will be
entitled to a partial grant.
Maintenance loans will be available to
Graduates start paying back
their tuition fees when they earn £21,000. The repayment will be on 9% of
income above £21,000, and all outstanding repayments will be written off
after 30 years. A real rate of interest will be charged on loan
Analysis of data by the Higher Education
Policy Institute (HEPI) shows that the new system could place a bigger
burden on future tax payers due to large sums of unpaid debt being written
off as graduates reach the 30-year limit for repayment. HEPI warn that
this may force the government to keep a strict cap on student numbers.
The annual cost of studying
for a degree has increased by 311.5% since 1988, according to research
released by UCU. With tuition fees of £9,000, students starting university
in 2012 will face a bill for the first year of their degree (tuition and
maintenance loans) 101% higher than their contemporaries who started this
Paper on HE Reform will be ready in the Winter and then a broader higher
education bill later on in this current, extended session
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.