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Funding higher level work-based learning

In his presentation at the UVAC Conference on November 2, 2012, Peter Seddon discussed significant developments in government funding for higher education, following the Browne Review and other key policy changes. He highlighted the new £6-9K fee framework, the implications for work-based learning, and the role of collaborative partnerships between government, universities, and employers. Seddon emphasized the importance of innovation, employability, and regulatory challenges as the sector adapts to evolving economic needs and student demand.

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Funding higher level work-based learning

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  1. Funding higher level work-based learning Peter Seddon UVAC Conference 2 November, 2012

  2. Key developments • Browne review (Nov 2010) • Comprehensive spending review (Nov 2010) • Parliament approves £6-9K fee limit (Dec 2010) • Higher Education White Paper (Jun 2011) • BIS consultation on new regulatory framework (Aug 2011) • BIS grant letters and student number guidance (Jan and Apr 2012) • HEFCE consultations on teaching funding and student numbers (Jun – Sep 2011 and Feb – Jun 2012) • HEFCE student numbers and grant allocations (Jan and Mar 2012) • Admission of first £6-9k fee payers (Sep 2012)

  3. Income to higher education institutions (real terms)

  4. Total income to higher education institutions Public\private – SLC paid fees Private Public Charitable

  5. Key activities for HEFCE • implementing outcomes from phase 1 and 2 of the T-funding consultations - student number controls and a more targeted approach to teaching funding • phasing out policy for WFD and employer co-funding • implementing the KIS • adopting a more risk-based quality assurance system • developing our approach to funding provision for SIVS and PGT/PGR • working with partners on research, REF and KE • developing the regulatory environment • taking forward development activity e.g. catalyst funding

  6. HEFCE grant plus fees for full-time undergraduates* * Refer to paragraph 43 of ‘Recurrent grants and student number controls for 2012-13’

  7. Skills: a shared responsibility Government Universities and Colleges Employers Individuals

  8. What does this mean in the context of skills? • Working based learning – fees (including for higher level apprenticeships) • Employability • Innovation – institutions responding to the new environment (new models, focus on strategic relationships, SMEs?)

  9. Wilson review • National Centre for Universities & Business (NCUB) • Students on a year abroad • Fee 15% of maximum; HEFCE funding 25% of maximum (£1,350 and £2,250) • Sandwich provision • BIS response: fee 15% of maximum • Strong support for work based learning

  10. HEFCE Catalyst Fund • Catalyst fund goals: • To help manage transition to new finance regime • To support key priorities of HEFCE/Government • Forthcoming focus on economic growth: • ‘Economic growth funding’ of £50M • Separate call for expressions of interest for December • To generate longer term benefits for the economy

  11. Economic growth funding • Three themes • Supporting innovation-led growth in key sectors • Enhancing the economic anchor role of universities and colleges • Stimulating employability, enterprise and employment • Forthcoming guidance: • HEIs and FECs - £100k to £8M • Linked to core research / teaching strengths • Leverage / match funding • Private sector focus

  12. Issues for the future • Student demand: (at different levels) will 13-14 move back to trend and how will the government respond? • Regulation: how to protect the student interest and the government’s interest? • Graduate employment: will the jobs market improve and how will this influence student choice? • Institutions: how will behaviour change in response to the reforms, to the REF and to international developments? • Public spending: what are the prospects from 15-16 and how should we shape our case? • Future skills policy?

  13. Thank you for listening p.seddon@hefce.ac.uk

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