Statement from Unis Wales in response to the student finance update by the Cabinet Secretary for Education today.
The past few weeks have seen tuition fee reform high on the agenda in Westminster, with the Prime Minister announcing a ‘major review’ of student finance and university funding in England. Clearly any changes announced in England are beyond the control of the Welsh Government which puts the Cabinet Secretary in a difficult position.
Universities Wales chair Professor Julie Lydon says “The £10million additional funding allocated through the budget is very welcome and we value the continued positive approach taken by the Cabinet Secretary to work with the sector to find a solution for the 19/20 financial year to mitigate the short-term implications of this decision.”
“At a time when our universities have been working to plan long-term for a sustainable funding model through Diamond, this commitment by the Welsh Government to find a solution will enable our universities to continue to deliver a comparable student experience to that available in better funded institutions across the border.”
The additional £5million in 18/19 for Postgraduate study is a welcome injection of funding for student support which will bring Wales in line with English funding for Postgraduate study, and ensure Wales continues to deliver world-leading research, however this must be accompanied by investment in our institutions, for this excellence to be realised.