1994 Group comment on student finance arrangements for Higher Education in 2013/14

Professor Michael Farthing, Chair of the 1994 Group and Vice Chancellor at the University of Sussex, said:


"It's good news that support for low income students is to keep pace with inflation, but the fact that tuition fee levels will not means a likely drop in the real term resources available to invest in the student experience. This will hamper the efforts of universities seeking to deliver an ever more excellent experience.


"While this is disappointing, today's announcement does provide some much needed certainty about finances in 2013/14, making it easier to plan ways in which to counter the impact resource drops will have on students.


"That said, universities cannot fully plan for next year until there is clarity over the future of student number controls. As a matter of urgency the Government must be clear about whether this year's core and margin arrangement will continue, and whether the threshold for unrestricted recruitment will drop below AAB."






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Notes to Editors:

1.    A Written Ministerial Statement setting out the Higher Education Student Finance Package for the 2013/14 Academic Year was tabled in Parliament today. Details of the statement can be read via http://nds.coi.gov.uk/content/Detail.aspx?ReleaseID=423634&NewsAreaID=2&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+bis-news+(BIS+News)


2.   The 1994 Group represents 19 of the UK’s leading student-focused research-intensive universities. It was established in 1994 to promote excellence in University research and teaching.

3.  12 of the top 20 universities in the Guardian University Guide 2012 league tables are 1994 Group members. 8 of the top 20 universities in the 2012 Sunday Times University League Table are 1994 Group members. 9 of the top 20 universities in the 2012 Complete University Guide are 1994 Group members.


4.  In 17 major subject areas 1994 Group universities are the UK leaders, achieving 1st place in their field (THE RAE subject rankings 2008). 57% of the 1994 Group's research is rated 4* 'world-leading' or 3* 'internationally excellent' (RAE 2008, HEFCE).

5.    The 1994 Group represents: University of Bath, Birkbeck University of London, Durham University, University of East Anglia, University of Essex, University of Exeter, Goldsmiths University of London, Institute of Education University of London, Royal Holloway University of London, Lancaster University, University of Leicester, Loughborough University, Queen Mary University of London, University of Reading, University of St Andrews, School of Oriental and African Studies, University of Surrey, University of Sussex, University of York.


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