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Student loans and grants in the United Kingdom are primarily provided by the government through the Student Loans Company (SLC), an executive non-departmental public body. The SLC is responsible for Student Finance England and Student Finance Wales, and is a delivery partner of Student Finance NI and the Student Awards Agency for Scotland .
In 2017–2018 HEFCE allocated £3.5 billion in public funds [3] from the UK Government to universities and colleges in England to 'invest on behalf of students and the public to promote excellence and innovation in research, teaching and knowledge exchange'. [4] It only funds the institutions and does not give grants or loans to individual ...
In February 2018, Prime Minister Theresa May launched a review of post-18 education funding, including university funding and possible alternatives to tuition fees and loans. [24] The move was designed to appeal to students, [ 25 ] who had voted in large numbers against the government in the 2017 general election and caused the Conservative ...
The Education and Skills Funding Agency (ESFA) is an executive agency of the government of the United Kingdom, sponsored by the Department for Education.. The ESFA was formed on 1 April 2017 following the merger of the Education Funding Agency (EFA) and the Skills Funding Agency (SFA). [1]
Registration is not mandatory, but is required to obtain certain types of government funding. [3] Apprenticeship training providers who wish to appear on the UK's Register of Apprenticeship Training Providers in order to access funding from the Apprenticeship Levy from May 2017 and deliver apprenticeship training must be registered with the ...
The Chevening Scholarships Programme commenced in 1983 as the Foreign and Commonwealth Office Awards Scheme (FCOAS) and is funded by the British government's Foreign and Commonwealth Office and its partner organisations. [1] [3] The stated objective of the scheme is to build a network of friends of the UK, who will be future leaders in their ...
Starting with 1999-2000, maintenance grants for living expenses would also be replaced with loans and paid back at a rate of 9 per cent of a graduate's income above £10,000. [11] All loans would be government funded and administered by the Student Loans Company, the organisation responsible for administering loans throughout the UK. [14] [note 2]
In 1990 the Working Group on Funding Mechanisms, set up by the Committee of Vice-Chancellors and Principals (), published a report which proposed four possible alternatives to university funding: a full system of tuition fees charged at variable rates by subject; top up fees supplementing government funding; a loan scheme operating through National Insurance; and finally a graduate tax.