Universities: Finance

(asked on 30th January 2026) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, pursuant to the answer of 29 January 2026 to Question 101939, whether her Department keeps records of meetings with commercial lenders on higher education institutions.


Answered by
Josh MacAlister Portrait
Josh MacAlister
Parliamentary Under-Secretary (Department for Education)
This question was answered on 9th February 2026

As set out in our response on 29 January 2026, the department meets with a variety of stakeholders, including commercial lenders, to hear their views on the higher education sector. Where individual providers experience financial difficulties, the department engages with them to understand the pressures they face. This has included meeting commercial lenders to hear their position.

The department keeps records of its engagements with external stakeholders, including meetings with commercial lenders. However, any discussions relating to the financial position of providers would be commercially sensitive and therefore inappropriate to discuss publicly.

As My noble Friend, the Minister for Skills told the Education Select Committee in November 2025, the government does not intervene in the interests of providers. However, if a provider was at risk of unplanned closure, the department would work with the OfS, the provider and other government departments to ensure students' and taxpayers’ best interests were protected. This might involve supporting the transfer of students, exploring potential partnerships, or addressing relevant operational issues, such as how student loan payments are administered.

Higher education providers are independent from government and as such must continue to make the necessary and appropriate financial decisions to ensure their long-term sustainability.

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