| answer text |
<p>Higher education (HE) providers are autonomous institutions responsible for their
own financial sustainability. The department’s role and priority is to work with the
Office for Students (OfS) and other stakeholders as appropriate to protect students’
best interests.</p><p> </p><p>The OfS is responsible for monitoring the financial
sustainability of registered HE providers in England. Its latest report on the financial
health of the sector, which was published in May 2023, found that the overall aggregate
financial position of universities was sound. However, there continue to be quite
significant differences between individual providers, both across the sector and within
peer groups.</p><p> </p><p>The department will continue to work closely with the OfS
and many parties including a variety of HE providers across the sector, mission groups
and other government departments to understand the ongoing impacts and changing landscape
of financial sustainability in the sector.</p><p> </p><p> </p>
|
|
