Senior managers at Oxford and Cambridge universities are intent on charging £9,000 a year in tuition fees, the maximum allowed, it has emerged.
A consultation paper shows Cambridge wants to almost triple fees to £9,000 as soon as it can in autumn next year. The university will charge the maximum of £3,375 for this autumn.
Students whose family income is below £25,000 would pay £6,000 and receive a maintenance bursary of up to £1,625, under plans from Cambridge's working group on fees, published internally for consultation. Means testing will taper this £3,000 reduction to zero when family income exceeds £42,000.
Oxford's pro-vice-chancellor, Tony Monaco, has said fees of less than £8,000 would lose the university money because of national cuts to teaching and other grants. He told a Congregation, a formal meeting of senior members of the university, that Oxford subsidised undergraduates by £80m.
"That is already straining research and infrastructure ... Were we to charge £9,000, the additional income would be £14m a year." This would be used to improve outreach activities and waive fees for the poorest students.
The university calculates that to waivefees for...Read More
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