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Association of Colleges

AoC responds to LSC capital programme statement

Event Title

26 June 2009

Responding to today's (26 June) statement on College capital investment projects Martin Doel, AoC Chief Executive, said:

“We are very pleased for those Colleges whose projects are now moving forward – these will be of great benefit to the students, businesses and communities these institutions serve.

“Understandably there will also be a great deal of disappointment among those Colleges that will not be receiving funding.

“It is still beholden on the Learning and Skills Council to give Colleges as much assistance as they can in managing their estates so that they meet the needs of students, communities and business in the 21st century. They need a funding plan which recognises the additional costs they incur in meeting social and economic objectives that Government itself sets for them.

“The LSC also has a duty to help those Colleges who have sunk their owns funds into preparing for projects that will not now go ahead – over £220million of Colleges’ own money has been spent in this way.

“AoC wants to help Colleges explore alternative ways of funding projects and we will be running a series of events this year to help them do so – including a summit in July. Colleges have a long history of innovation and resourcefulness that they can tap into when seeking alternative funding streams, given the chance.”
 


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