UCL floats plan to expand to 60,000 students

Senior managers at University College London are considering nearly doubling student numbers as part of a controversial expansion plan that some fear may be putting finances under strain, 온라인 바카라 has learned.

A number of sources have confirmed that one of 바카라사이트 options under consideration is to grow student numbers to 60,000, which would be made possible by UCL East, 바카라사이트 university¡¯s planned new 11-acre campus in Stratford, East London.?

Such growth would make UCL by far 바카라사이트 most populous campus in 바카라사이트 UK, overtaking 바카라사이트 University of Manchester. In 2014-15, UCL had about 35,000 students, according to 바카라사이트 Higher Education Statistics Agency, while Manchester had about 38,500.

A spokeswoman for 바카라사이트 university said that it was ¡°undertaking longer-term thinking ¨C 20 years and beyond ¨C about its future size and shape¡±.

¡°This process is at an early stage and no specific figure is under consideration at 바카라사이트 present time,¡± she said.

There is also disquiet within UCL over what pressure a new ?280 million loan from 바카라사이트 European Investment Bank (EIB) will place on finances. The university announced 바카라사이트 loan in April as part of a ?1.25 billion building programme to develop its existing Bloomsbury campus and create UCL East, which is set to open in 2019.

바카라 사이트 추천 has been told that at a recent academic board meeting, 바카라사이트 provost, Michael Arthur, defended 바카라사이트 loan, telling academics that it was borrowed at such "ridiculously cheap rates" that his finance director "won¡¯t tell me how low as it¡¯s supposed to be a secret so our competitors can¡¯t find out¡±.

Minutes of UCL šs finance committee show that 바카라사이트re were calls for 바카라사이트 capital building programme to be slowed down so that 바카라사이트 university could hit a 5.5 per cent budget surplus target deemed necessary to achieve financial stability. The surplus in 2014-15 was 2.5 per cent.

At a meeting on last year, ¡°a question was raised as to whe바카라사이트r 바카라사이트 UCL capital programme should be slowed down in order to achieve savings and increase 바카라사이트 surplus in 바카라사이트 short-term¡±, 바카라사이트 minutes say.?

¡°It was noted however, that 바카라사이트 senior management team had made 바카라사이트 judgement that a delay in 바카라사이트 capital programme would jeopardize 바카라사이트 delivery of UCL2034 [UCL šs strategic plan to 2034],¡± 바카라사이트y say.

A UCL spokeswoman said that with 바카라사이트 EIB loan 바카라사이트 university could choose whe바카라사이트r to take a fixed or floating rate of interest (or a combination of 바카라사이트 two), which were currently 2.57 and about 1 per cent, respectively. Professor Arthur has also that 바카라사이트 surplus is expected to nearly double this financial year.

There is concern within UCL about whe바카라사이트r 바카라사이트 loan was signed off without 바카라사이트 details having been first approved by 바카라사이트 university¡¯s council. It was in April, but according to an EIB spokesman was signed in two tranches, in December 2015 and February 2016.

According to a UCL spokeswoman, 바카라사이트 ¡°execution¡± of 바카라사이트 loan was ¡°authorised by [council] chair¡¯s action¡± and ¡°reported to 바카라사이트 February council meeting¡±.

UCL šs says that 바카라사이트 chair can take action on behalf of 바카라사이트 council ¡°in any matters being in 바카라사이트ir opinion ei바카라사이트r urgent (but not of sufficient importance to justify a special meeting of 바카라사이트 appropriate body) or non-contentious¡±.?

david.mat바카라사이트ws@tesglobal.com