A new multi-million pound fund to increase the number of degree apprenticeships available to young people has been launched.
First launched in September last year, degree apprenticeships allow for the study for a full Bachelor’s or Master’s Degree while working. Universities and employers are getting on board with institutions including Sheffield University and Queen Mary’s University London working in partnership with top employers such as TFL, Nestlé and BAE Systems.
The new funding will help even more people get a degree while earning in one of the country’s top businesses. £8 million will be focused on supporting universities to design and deliver new degree apprenticeships while a further £2 million will be devoted to encouraging more learners to choose degree apprenticeships. The fund will run for the next 2 years and the process for universities bidding for the funds will be announced in April 2016.