Login

  • SU Directory
  • Trading
  • NUS Extra

News

NUS launch postgraduate funding proposals

No ratings yet. Log in to rate.

A major overhaul of funding for postgraduate taught students is being proposed today by the National Union of Students.

The proposed funding model would see government, business, professional and voluntary bodies work in partnership with institutions to provide students with income-contingent loans of at least £6000 to put towards the cost of study.

The 20-page document, Steps toward a fairer system of postgraduate funding in England, outlining the proposals provides a model which has been costed using the government’s own ‘ready reckoner’ used to calculate the losses to the Treasury on undergraduate student loans. The model is made up of three ‘streams’ of finance:

  • Access to the professions, designed for government to work with professional bodies to provide loans to those with the greatest need to encourage diversity to the professions.
  • Part-time professional development, with student loans part-funded by employers for those wishing to study any kind of postgraduate qualification part-time alongside employment.
  • General masters study, where a discrete number of government-backed loans will be available for full-time or part-time masters study

In the wake of reports from Alan Milburn and the Higher Education Commission calling for government to provide greater access to postgraduate funding for students, NUS are confident that their model will be taken very seriously. 

NUS Vice President for Higher Education, Rachel Wenstone, is calling on the government to consider the clear benefits of a loan scheme, asking them to take into account the vast contribution that the postgraduate sector to the economy and society as a whole:

‘The current system is grossly unfair. Our proposals are a first step towards making postgraduate education accessible, and based on merit rather than on wealth. In the long term, PGT should be properly funded by the government, who need to recognise the public value of the sector. They need to realise that funding postgraduate education will lead to growth, innovation and a fairer society’

Luke James, NUS officer for postgraduate taught students, has referred to the plans as a ‘huge step towards fair access and widening participation in postgraduate education’, and supports the piloting of similar schemes in Wales and Scotland. But Luke also warns that a loan scheme would be useless without assurances from government that direct public funding of postgraduate study will not continue to be cut.

As well as calling for the continuation of public funding via the block grant for PGT courses, the proposals also suggest measures should be taken to prevent further above-inflation rises in fees. As Luke explains:

‘We need a reasonable cap on fees that allows leeway for universities to cover their costs and have financial security, whilst not allowing students to be overcharged and laden with obscene debts’.

You can download a full copy of the document here.

A summary of the NUS proposals can also be found here.

Comments

Please login to comment.

No comments have been made.
 
Some features of this site - including article viewing - require javascript enabled.
You must be logged in to view this article - Login now

Share

Latest in campaigns

Student Leader to meet Secretary of State and call for talks to be re-convened

NUS-USI President Rebecca Hall is having a meeting with the Secretary of State Theresa Villiers, and will call on the Secretary of State to re-convene party talks to address the unresolved issues of flags, parades and addressing the past. NUS-USI will also be raising the importance of integrated education in creating a shared future in Northern Ireland.

 
Green Impact Excellence in universities and colleges

More and more Green Impact teams are leading on their own, creative, ambitious sustainability projects.

 
Universities failing on fair representation of women on boards

NUS Scotland research into University governing body membership reveals that institutions are far from reaching fair representation of women on boards and many are failing to meet commitments set out in their own voluntary code of good governance.

 
Developing Good Campus Relations: Faith and Belief training

Registration is now open for Developing Good Campus Relations: Faith and Belief, training for officers and staff on faith and belief issues on campus.

 
'Women on Boards' consultation response

The Scottish Government recently ran a consultation on seeking the power to introduce gender quotas on public body boards. This was welcomed by NUS Scotland, and you can read our response here.

 
Faith and Belief Initiatives Funding 2014 2015 now open

NUS is pleased to announce the Faith and Belief Initiatives 2014 2015 are now open for application for the third year running.

 
 

Latest news

NUS criticises ‘Know Your Limits’ rape poster campaign

NUS has expressed huge concern today at the ‘Know Your Limits’ recent poster campaign to tackle rape. The poster points out that in a third of reported rapes the victim had been drinking and warns people to monitor their alcohol consumption. It is available for download on the Home Office website and has been sighted in NHS premises.

 
'You Never Know Your Luck' by Fred Jarvis

Former NUS President and General Secretary of NUT, Fred Jarvis, has published his memoirs reflecting on his lifelong campaigning for education. Find out where to buy here

 
Launch of free research network for students' unions

Join in the conversation with the rest of the student movement.

 
CharityComms membership for students' unions

Join the membership network for communications professional working in the not-for-profit sector at a special NUS discounted rate.

 
NUS Research Event 2014 - Understanding your membership

On Tuesday 24 June NUS held its annual research event.

 
Patchwork Foundation 'MP of the Year Award'

NUS is working with the Patchwork Foundation, an organisation that helps to engage under-represented, deprived and minority communities within society through engagement into the political environment - including working on their MP of the year awards.

 
 

Most Read

Trending/Most Shared articles

 

Recent Comments