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Higher Education: Finance

Question for Department for Education

UIN HL75, tabled on 17 July 2024

To ask His Majesty's Government what plans they have to reform the financial model for universities; and what assessment they have made of the financial problems faced by many parts of the higher education sector.

Answered on

30 July 2024

It is important for universities, their students and staff, that there is a sustainable higher education (HE) funding system that provides opportunities, supports students and maintains the world-leading status of our universities. The government is committed to a sustainable funding model, which supports high value provision thereby powering opportunity and growth and meeting the skills needs of the country.

The government keeps the HE funding system under continuous review. The department will work with universities to support students and deliver for the economy. An announcement on student finance arrangements for the 2025/26 academic year will be made in due course.