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HEFCE funding and reporting: early thoughts about changes

HEFCE funding and reporting: early thoughts about changes. David Norman Higher Education Policy Advisor. What did Browne say?. “Popular HEIs will be able to expand to meet student demand” Majority of funding via fee loans to students – including part time

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HEFCE funding and reporting: early thoughts about changes

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  1. HEFCE funding and reporting: early thoughts about changes David Norman Higher Education Policy Advisor

  2. What did Browne say? • “Popular HEIs will be able to expand to meet student demand” • Majority of funding via fee loans to students – including part time • HEFCE funding only for priority subjects • HEFCE, QAA, OFFA, OIA  HEC • Access and Success Fund • Low earners pay less, higher more than now

  3. What did David Willetts say? • “We will not necessarily accept all of it” • UCAS tariff SNC “has raised questions about practicalities” • Merging HEFCE and OFFA would be sensible • £150m National Scholarships Programme

  4. What has already changed? • £6/9000 fee caps, no levy • Increased threshold for full interest • Decreased part time % required • Annual increases in repayment threshold

  5. What are people saying now? • “We will set out priorities for [XYZ] in the forthcoming higher education white paper” • Monthly payments will be lower • I won’t be able to afford that! • Chris Cook, FT Jan 4th “Student quota system still in doubt”

  6. What did HEFCE’s grant letter say? • Long term role for new providers and FECs: diverse provision of cost effective locally accessible programmes • Commitment to develop system to constrain costs without restricting student choice, would welcome ideas • Priorities: WP/Access, SIVS, small/special, PT • 6% reduction in T-funding 2011/12 • Individual grants announced on 16 March

  7. What does it all mean? Number controls and the market • Interim 2011/12: SNC, reduced funding • Interim 2012/13: new fees, no Act, market? • Long-term: system allowing more movement

  8. What does it all mean? HEFCE funding • HEFCE will fund high cost/priority courses • Is it a good idea to shift to engineering? • HEFCE’s “Access and Success” fund??

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