Implications Of Closing The Student Opportunity Fund
In the face of warnings from the Department for Business, Innovation and Skills (BIS) that £570m needs to be saved this year and a further £860m after the 2015 election in order to reduce the economic deficit, UK universities are preparing for yet more funding cuts. Ministers suggested that closing the Student Opportunity Fund, reportedly worth £200m, was necessary in order to prevent more widespread funding cuts in future. But this source of financial support is vital for disadvantaged students. Kerren Daly, Head of the Education sector at national business law firm DWF, assesses the impact this may have on social mobility, and how collaborative working may prove beneficial for education leaders.
Leadership Briefing 8.11(95)