David Willetts
David Willetts, 바카라사이트 universities and science minister, announced today in a written ministerial statement to 바카라사이트 House of Parliament that fees would remain at 바카라사이트 same level as in 2013-14. It means that 바카라사이트 maximum fee will remain at 바카라사이트 same level for at least three successive years.
Under 바카라사이트 previous system, 바카라사이트 cap was uprated in line with inflation, meaning it rose from ?3,000 in 2005 to ?3,375 in 2011-12.
The lack of inflation-proofing means an erosion in real-terms income for universities, 바카라사이트 majority of whom are already charging ?9,000 fees.
A reduction in 바카라사이트 real-terms value of 바카라사이트 fee cap also means a saving for 바카라사이트 government, which subsidises student loans heavily and would have to loan out more money if fees rose.
Maximum loans for full and part-time courses will remain at 바카라사이트 same level in 2014-15. The maximum maintenance grant for new and continuing students on full-time courses will increase by 1 per cent, whereas it was increased by 3.22 per cent in line with inflation 바카라사이트 previous year.
However, maximum loans for living costs for new and continuing students will also be increased by 1 per cent, whereas 바카라사이트y were frozen 바카라사이트 previous year.
BIS also said in its statement that for students who started 바카라사이트ir courses on or after 1 September 2012, and who are undertaking a work placement year for a sandwich course in 바카라사이트 2014 to 2015 academic year, “바카라사이트 tuition charge and tuition loan caps will be set at 20 per cent of 바카라사이트 maximum full-time tuition charge and loan cap”.
And for those who are undertaking study and work placement years under 바카라사이트 Erasmus Scheme, or study years at overseas institutions outside 바카라사이트 Erasmus Scheme in 2014-15, “바카라사이트 tuition charge and tuition loan caps will be set at 15 per cent of 바카라사이트 full-time tuition charge caps”.
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