Today, Thursday 31 March, the Department for Education has issued
guidance from the Secretary of State for Education and the
Minister of State for Higher and Further Education to the Office
for Students on the Higher Education Strategic Priorities Grant
for 2022-23. We have also issued guidance on strategic priorities
for the financial year 2022-23.
These letters can be seen on the Office for Students website
here.
Please see a statement and further information below from
Minister Donelan to accompany the publication of this guidance:
Minister for Higher and Further Education said:
“We’re investing nearly £900m to support high-quality teaching
and world-class facilities in our universities, focusing on STEM,
medicine, and degree apprenticeships that deliver real benefits
for students and the economy. This sits alongside further support
for mental health, as students recover from the pandemic, and a
flagship new National Scholarship Scheme, to help high-achieving
students from low-income families achieve their full potential.
“Our reforms to the higher education system will deliver the
highest-quality education for students from all walks of life,
equipping them with the skills to succeed and meet the needs of
nation. Alongside this, changes to the student finance system
will rebalance the burden of student loans more fairly between
the student and the taxpayer. We are reducing the interest rates
paid on student loans for new borrowers ensuring that under the
new terms graduates don’t pay back more than they borrowed in
real terms.”
Further information
- Last month we announced almost £900m of new investment in our
fantastic HE system over the next three years.The investment of
nearly £900m includes:
- £750m of extra capital and resource funding through the
strategic priorities grant to support and grow the provision of
vital and high-cost subjects including STEM, degree
apprenticeship, Level 4 and 5 qualifications and modular,
flexible courses.
- £75m to deliver a new national state scholarship to improve
opportunities for high achieving disadvantaged students.
- £60m to support the student loans company to help deliver the
LLE and our reforms to higher education and student finance.
