Higher Education: Finance

Department for Business, Innovation and Skills written question – answered on 11th June 2015.

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Photo of Baroness Wolf of Dulwich Baroness Wolf of Dulwich Crossbench

To ask Her Majesty’s Government how many undergraduate places were funded by the Higher Education Funding Council for England under the Employer Engagement Co-funded Students scheme for employer co-funded additional student numbers in each of the years during which the scheme operated, and at what percentage rates; and what was the total cost of the scheme, including expenditure over and above direct full-time equivalent funding for each student.

Photo of Baroness Neville-Rolfe Baroness Neville-Rolfe The Parliamentary Under-Secretary of State for Culture, Media and Sport, The Parliamentary Under-Secretary of State for Business, Innovation and Skills

Information on the number of recruited undergraduates through the scheme is shown in the table below.

Academic Year

Recruited undergraduate full-time equivalent students

Total grant after adjustments (all levels of study)

2006/07

171

£557,000

2007/08

872

£2,666,000

2008/09

3,155

£10,120,000

2009/10

6,349

£18,530,000

2010/11

11,179

£28,998,000

2011/12

14,020

£32,484,000

2012/13

3,542

£7,935,000

2013/14

1,019

£2,359,000

2014/15

248

£582,000

Total

40,556

£104,231,000

The total grant over the period 2006/07 to 2014/15 was £104million. In addition to the grant after adjustments, £101 million development funding was spent on the scheme between 2006/07 and 2011/12.

Employer contributions are only available for the period 2007/08 to 2010/11 and show that the average rate of co-founding from employers increased from 26% in 2007/08 to 41% in 2010/11.

Note: Employer contributions are a mix of cash and in-kind, and are sourced from both public and private sector employers.

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