The Westminster government has asked the English regulator to establish a “competitive degree apprenticeship development fund”, worth up to £40 million.
In a letter to the Office for Students (OfS) setting out how it should deploy the Strategic Priorities Grant, to be increased by £57 million in 2023-24, secretary of state for education Gillian Keegan outlined the government’s funding priorities for the year ahead, saying it was “now more important than ever for students to pursue HE studies which are in their own best interest, and that of the wider economy”.
On degree apprenticeships, Ms Keegan said the government wanted to ensure that a wider group of people can “access their unique benefits”.
The £40 million fund will be allocated to fund capacity-building projects across the 2023-24 and 2024-25 financial years.