University funding

University vice-chancellor given £270k payoff after resigning | Education

The vice-chancellor of De Montfort University, who resigned earlier this year in advance of an investigation that has since identified “significant and systemic” failings in governance, was awarded £270,000 on his departure, it has been confirmed. Dominic Shellard left his £350,000-a-year post in February, just before the universities regulator, the Office for Students (OfS), launched a formal investigation into the Leicester institution. Revealing its decision on Monday, the OfS said: “We found weaknesses and failings in the university’s management and…

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Give worse-off students £3,000 to stay in education, says report | Education

Disadvantaged students in England could receive grants worth £3,000 a year to encourage them to remain in education after leaving school, according to proposals from a government-commissioned report backed by Theresa May. The report into post-age 16 education and funding would, if accepted by a future government, see a shift in funding from universities to further education (FE) and vocational training. Universities would lose income for “low value” courses while their graduates would be making higher student loan repayments until…

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