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Open University sets £5,000 tuition fees Open University sets £5,000 tuition fees
(about 1 hour later)
The Open University has announced tuition fees of £5,000 per year for the equivalent of a full-time place from next year. By Sean Coughlan BBC News education correspondent
The Open University has announced tuition fees of £5,000 per year for the equivalent of a full-time place for students in England from next year.
This will mean that the Open University, which provides degree courses by distance learning, will have among the lowest fees in England.This will mean that the Open University, which provides degree courses by distance learning, will have among the lowest fees in England.
Vice chancellor Martin Bean promised "high-quality, flexible and great value-for-money education for all".Vice chancellor Martin Bean promised "high-quality, flexible and great value-for-money education for all".
The majority of universities will charge £9,000 for some or all courses.The majority of universities will charge £9,000 for some or all courses.
More than two-thirds of the Open University's students are studying part-time - and the university will be expecting to benefit from the introduction of loans for part-time students.
For a typical part-time Open University student, studying at the level of half of full-time, the fees will be £2,500 per year.
Younger students
At present the university has 264,000 students taking more than 600 undergraduate and postgraduate courses and professional qualifications - which it says makes it the largest single higher education institution operating in the UK.
The university has reported a surge in younger students taking its degrees - increasing by a third last year.
Pitching its fee below many other universities will be seen as adding to its competitive appeal for undergraduates in England facing a big increase in fees from 2012.
Although the Open University's fees will be among the cheapest - this still represents a substantial increase. The current full-time equivalent for an Open University course is in the region of £1,800 per year.
The government's White Paper on higher education, published earlier this month, promised a greater emphasis on competition from providers outside mainstream publicly-funded, full-time, campus-based universities.
A private college with its own degree-awarding powers, the ifs School of Finance, announced fees of £5,750 to £6,000 per year, undercutting many rival institutions.
The Open University, created in 1969, was first known for its television broadcasts but has become a pioneer of using online technology.
Regional differences
It claims the world record for the highest number of downloads from any university on the iTunes U service - currently in the region of 36 million. This service provides a free distribution of university lectures and course material.
The university has also developed services overseas, operating in more than 20 countries. This includes funding from the United States to support a project to cut drop-out rates from higher education, in a pilot scheme with 10 US colleges.
The fee level of £5,000 per year applies to students from England. The Open University says that it expects students in Scotland to pay a similar amount to the current fees of £1,400 per year.
The university says that in Wales, the cost is "likely to be lower than in England as a result of additional support from the Welsh Government".
There has yet to be a decision on future fees for Northern Ireland.