LSBU secures new funding for Degree Apprenticeships
11 November 2016
London South Bank University (LSBU) is one of just 18 universities to receive funding from a new £4.5 million fund to support Degree Apprenticeships.
Provided by the Department for Education (DfE) and the Higher Education Funding Council for England (HEFCE), LSBU will receive £250k in the first round of funding. This will be used to develop eight new Engineering, Construction and Business degree apprenticeships for students starting at the University in September 2017.
Working in partnership with leading employers, the selected 18 universities and colleges will offer 5,200 new opportunities for apprentices and their employers, in preparation for the introduction of the apprenticeship levy in April 2017. Key to the success of the project at LSBU will be the strengthening of its relationships with its network of further education colleges, including Lambeth College and Lewisham and Southwark College.
“We are delighted that LSBU is to benefit from this fund. We are one of the leading modern Higher Education institutions offering Degree Apprenticeships, having welcomed our first cohort in September 2015. This latest funding will enable us to extend our programmes to even more young people through both new and existing recruitment channels.”
At the start of the current academic year in September, LSBU welcomed eighty new apprentices from 35 different companies and is hosting a special event, 'Making the most of Degree Apprenticeships and the Levy', on Tuesday 29 November 2016.
The Rt Hon Robert Halfon MP, Skills Minister, and Councillor Peter John, Leader of Southwark Council, will be speaking at the event for businesses interested in becoming involved with Degree Apprenticeships. The event will be introduced by LSBU’s Vice Chancellor Prof. David Phoenix and will include an opportunity for delegates to network with businesses and LSBU experts.