The Government has announced that it is to partially relax restrictions which currently prevent part-time students accessing support for fees if they have prior qualifications. The announcement on 30 September means that - from 2015/16 - anyone wishing to retrain by studying part-time for a degree in engineering, technology or computer sciences will now be able to apply for tuition support, such as a student loan.
The Open University has always argued against the Equivalent or Lower Qualification (ELQ) policy, and Martin Bean has welcomed this latest announcement.
Vice-Chancellor of the Open University, Martin Bean, said:
“As the CBI recognised just last month, equipping our workforce with the right skills is vital to Britain's economic prosperity. At The Open University we are deeply proud of our track-record of giving students from all walks of life the chance to retrain or update their qualifications. I therefore welcome loan eligibility being extended to students studying in these critical subject areas. This is a further important step on the journey to creating a truly flexible, high-quality and innovative sector which delivers for all students, employers and our economy.”
Details of the announcement by the Department for Business, Innovation and Skills available here