Vice-Chancellor appointed to new panel on student funding system

Posted: 24 April 2014

image for news story Vice-Chancellor appointed to new panel on student funding system
Vice-Chancellor, Professor Paul O'Prey

Professor Paul O’Prey, Vice-Chancellor of the University of Roehampton, has been appointed as a member of a new Student Funding Panel which will consider the structure of the student fees and loans system in England. The Panel, chaired by the President of Universities UK (UUK), will make recommendations to the Government on its future design.

The panel will review the system’s ability to be financially sustainable for government, provide a stable funding environment for higher education institutions and also be affordable for students. It will consider this against the context of a new report published today by the Institute for Fiscal Studies (IFS) which estimates that the government now contributes about £7,600 per year of study for every undergraduate in England once university teaching grants, maintenance payments and the cost of unpaid loans are included.

The panel will be inviting a range of individuals and groups to contribute to the review, including the National Union of Students and will seek to make its recommendations in 2015.

Other members of the panel besides Professor O’Prey include leaders of six other universities, the economist Will Hutton, and Emran Mian, who led the Browne Review of Higher Education Funding in 2010.

The IFS report, Estimating the public cost of student loans, can be found here.

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