Hi all,
It’s difficult to comment at the moment as a lot of the final decisions haven’t been made, policies set etc. – and I don’t know all the details. But I want to help you the best I can with an unusual and technical funding model.
As I understand it the government (HFCE) normally support medical training in the UK by “topping up” medical students fees to cover tuition, as teaching Medical students is much more expensive than teaching other subjects. The government aren’t offering us that top up unfortunately. The below is also taken from our FAQs and explains it quite well.
Traditionally, UK Medical Schools receive Band A funding from HEFCE (the Higher Education Funding Council for England) which acknowledges the significantly higher costs of a medical education compared to a large majority of other Higher Education programmes. As things currently stand there is no more Band A funding available for universities to apply to so Aston University is unable to adopt a traditional model of medical education in the UK.
As such we have a funding issue – doctors are expensive to train and we wont get enough funding to train entirely British doctors. So to make this happen many of the students will have to be International students, as they already pay the full cost of their tuition and we would not have to subsidise them.
However as a UK uni, with a real commitment to our area, we are not happy to run it purely for International students and have decided to subsidize 20 local students from 2018. It might not look like a subsidy from the outside in - as these students will still be required to pay the usual £9k – but there is a big funding gap we have to plug.
I appreciate it’s a complicated funding model, but I can assure you no one is getting rich out of it. We are simply having to be creative with how we fund the School, and we are committed to ensuring that 20 students who would not normally get the opportunity to study medicine do just that.