Government consultation on accelerated degrees
Students could be left over £25,000 better off by choosing an accelerated degree instead of a traditional three-year course, according to proposals set out in a new government consultation.
Accelerated degrees offer the same qualifications and are quality-assured in the same way as a standard degree, but delivered over a shorter, usually two-year timespan. This means when most students are completing their third year of study, an accelerated degree student will be starting work and getting a salary.
Although the proposals allow institutions to charge up to 20 per cent more each year for accelerated degrees, the overall tuition fee cost of the degree to the student is 20 per cent less than the same degree over three years.
Providers already offering accelerated degrees report on more engaged students, positive employer feedback and the opportunity to attract a wider pool of applicants, including mature students who often want to retrain and enter the workplace more quickly.
New fee arrangements for these degrees are set to be in place by September 2019, subject to parliamentary approval.
Providers offering accelerated degrees will need to meet exactly the same quality assurance measures as for the standard three-year equivalent degrees.
The new regulator, the Office for Students, will also support the provision of accelerated degrees when it becomes a legal entity in 2018.