March 28th, 2013Uncategorized
In 2012, universities and colleges were given the opportunity to recruit as many students who achieved A-Levels of at least AAB as they wished, after the government removed a cap which prior to this limited the numbers of students universities could take on-board.
These controls are set to be relaxed further in time for the recruitment process of 2013, giving Universities the chance to recruit an unlimited number of students who have received at least the lower grades of ABB.
This change in policy allows top-class Russell Group Universities to use the admissions cap removal, to escalate their student numbers over the coming years, by accepting rising numbers of bright students.
The improved chances of attending these prestigious universities is set to boost student applications in the UK, as more and more students aim to seize the opportunity to study at some of the world’s best universities. UCAS have already reported that they saw a 3.5 per cent year-on-year growth of applications for university for the 2013/14 academic year.
The Higher Education Funding Council for England (HEFCE) has also confirmed that over four billion pounds is also set to be allocated to higher education between 2013/14.
These government policies have helped dispel fears that student applications would drop following the rise in tuition fees and has helped boost the numbers of those seeking private student property in years to come, prolonging the student property boom in the process.
2012 proved to be a ground-breaking year for the student property market, delivering total returns of 9.6% which out-stripped every other property market, with offices returning 4.4% and retail returning 2.2%. Investment in the sector also soared by 125% - reaching a staggering £2.7 billion.
These plans are set to bolster 2013’s student property market and ensure that the market continues to flourish.