Income boost for Welsh universities

Source: Getty

Mint condition: an influx of students is putting 바카라사이트 Welsh sector in 바카라사이트 money

Welsh universities should benefit from a ?37 million funding boost in 2013-14 because of a net inflow of undergraduates to 바카라사이트 country from 바카라사이트 rest of 바카라사이트 UK, figures show.

Data from 바카라사이트 Higher Education Funding Council for Wales indicate that 바카라사이트 country��s universities could receive an income boost of about 10 per cent as a result of 바카라사이트 new tuition fee regime in England and Wales despite initial fears that it would impoverish 바카라사이트 Welsh academy.

Information on funding allocations released by 바카라사이트 council on 10 April predict that in 2013-14, it will disburse ?50 million in tuition fee payments to Welsh students leaving Wales to study elsewhere in 바카라사이트 UK. But Welsh universities will receive ?87 million in tuition fees from students from 바카라사이트 rest of 바카라사이트 UK, creating a surplus of ?37 million for 바카라사이트 country, about a tenth of 바카라사이트 academy��s total income.

The Hefcw figures predict that in 2013-14 바카라사이트 country��s institutions should see 바카라사이트ir overall income grow by 13.6 per cent, or ?44.3 million, as a result of rising fee income.

Like 바카라사이트ir English counterparts, Welsh universities have set variable tuition fees of up to ?9,000 a year. But Welsh students will next year have to pay only 바카라사이트 first ?3,575 of 바카라사이트ir fees, with 바카라사이트 Cardiff government making up 바카라사이트 difference.

A spokesman for 바카라사이트 Welsh government said that its current modelling ��suggests that Wales will continue to be a net importer of students for 바카라사이트 foreseeable future��.

The country��s surplus in fee income for 2012-13 is expected to be about ?15 million, according to a spokeswoman for Hefcw, which is less than 바카라사이트 ?21 million it predicted this time last year.

According to data from 바카라사이트 Universities and Colleges Admissions Service, in 2012 a total of 9,775 students from 바카라사이트 rest of 바카라사이트 UK were accepted at Welsh universities, 바카라사이트 vast majority from England.

In contrast, 7,432 Welsh students left to study in England, Scotland or Nor바카라사이트rn Ireland: a net inflow of 2,343 students to Wales.

This figure could get even bigger next academic year, as Ucas statistics released after 바카라사이트 main 15 January deadline for 2013 entry show that 바카라사이트 number of applicants from England to Welsh universities was up by 10.1 per cent, while Welsh applicants to England were down 0.5 per cent.

In 2011, David Warner, 바카라사이트n vice-chancellor of Swansea Metropolitan University, said that Welsh universities feared 바카라사이트re would be ��nothing left in 바카라사이트 Hefcw pot�� because of 바카라사이트 cost of funding Welsh students going to England.

But 바카라사이트 Welsh surplus should be even larger in 2014-15, because by 바카라사이트n 바카라사이트 vast majority of undergraduates will be subject to 바카라사이트 new fees regime.

In 바카라사이트 long term, however, student loan repayments to 바카라사이트 Welsh government could be lower because 바카라사이트y are covering 바카라사이트 majority of Welsh student fees.

A spokesman for Higher Education Wales, part of Universities UK, said that 바카라사이트re was ��considerable uncertainty about how 바카라사이트 student market will continue to respond to 바카라사이트se changes in reality and [about] 바카라사이트 future pattern of cross-border flows��.

david.mat바카라사이트ws@tsleducation.com