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Universities 'considering slashing tuition fees'

Universities 'considering slashing tuition fees'

Several universities are considering reducing the tuition fees they charge students to qualify for a share of 20,000 funded places, those considering UK university entry will be interested to hear.

Around 12 organisations are said to be debating the idea, with ministers revealing that 20,000 places will be held back for institutions charging less than £7,500.

The Office for Fair Access has confirmed it has received bids from universities keen to lower their annual fees.

It has published guidelines outlining the steps institutions need to take in order to qualify for the scheme.

Business secretary Vince Cable said that the government is keen to liberate "the Stalinist system of student number controls".

He told the Universities UK Annual Conference that this, coupled with the reserved places scheme, show the coalition's commitment to further education and giving young people the opportunities they deserve.

"Both of these initiatives are about freeing up the current restrictions on student numbers, frankly increasing competition and supporting diversity within the sector," Mr Cable added.

Posted by Keith Broomer

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