Universites Cut Student Fees
As hundreds of thousands of students are contemplating University choices, it is reported that up to 28 Universities in England are considering reducing the fees they will charge from next year, with the possibility this may increase in a quarter of higher education institutions. Eight have already started this process and Universities have until the 4th November to submit these plans.
This news comes after a change in policy following the fee and bursary levels announcements on the 1st April 2011.
Universities looking to charge more than £6,000 will have to negotiate an access agreement with The Office For Fair Access (OFFA), which monitors the access for poorer students. The white paper published in the summer contained plans to take back 29,000 student places from the markets. It is understood that educational institutions with an average fee of £7,500 or less will be able to bid for these prices.
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