Common use of ESTIMATE OF EXPENDITURE ON ADDITIONAL ACCESS AND RETENTION MEASURES Clause in Contracts

ESTIMATE OF EXPENDITURE ON ADDITIONAL ACCESS AND RETENTION MEASURES. The Office for Fair Access guidance suggests that if an institution has a low or very low proportion of under‐represented students, it should spend between 30 and 35 per cent of its fee income above £6,000 per fte on access commitments. The University accepts this guiding range and will work towards a figure of 32.3% in steady state after the period of transition. Therefore, with a fee of £9,000, this will approximate to a total of £9.8 million per annum when all UK/home students are subject to the new fee. The £9.8 million will be divided between financial support packages and access outreach activity. As part of the annual review of its access agreement, the University will consider the impact of its access activities, and if appropriate adjust the individual activities and the level of financial commitment. In its previous access agreement, the University recognised the value of highly targeted outreach activity, and spent proportionally more on this than was typical across the sector. Whilst the University will, through this access agreement, commit more resource to targeted outreach activity in absolute terms, it recognises that the higher graduate contributions consequent on a £9,000 fee will make financial support more important than previously. The University therefore intends to include significant additional financial support packages beyond the compulsory participation in the National Scholarship Scheme to support enrolments from the target access groups. The University believes that offering high value financial support packages to applicants who are recruited through its outreach activity will strengthen the impact of its access measures.

ESTIMATE OF EXPENDITURE ON ADDITIONAL ACCESS AND RETENTION MEASURES. The Office for Fair Access guidance suggests that if an institution has a low or very low proportion of under‐represented students, it should spend between 30 and 35 per cent of its fee income above £6,000 per fte on access commitments. The University accepts this guiding range and will work towards a figure of 32.331% in steady state after the period of transition. Therefore, with a fee of £9,000, this will approximate to a total of £9.8 9.9 million per annum when all UK/home students are subject to the new fee. The £9.8 9.9 million will be divided between financial support packages and access outreach activity. As part of the annual review of its access agreement, the University will consider the impact of its access activities, and if appropriate adjust the individual activities and the level of financial commitment. In its previous access agreement, the University recognised the value of highly targeted outreach activity, and spent proportionally more on this than was typical across the sector. Whilst the University will, through this access agreement, commit more resource to targeted outreach activity in absolute terms, it recognises that the higher graduate contributions consequent on a £9,000 fee will make financial support more important than previously. The University therefore intends to include significant additional financial support packages beyond the compulsory participation in the National Scholarship Scheme to support enrolments from the target access groups. The University believes that offering high value financial support packages to applicants who are recruited through its outreach activity will strengthen the impact of its access measures.