We, along with Universities Wales and Welsh Government, have been engaging and working with higher education providers on the impact of the pandemic on their institution, staff and students.
This includes considering how we will profile our payments to universities over the coming months, as well as working with the Welsh Government and the sector to explore the requirement for additional support.
We will do what we can to support the financial sustainability of the sector during this crisis, and help ensure that current and new students continue to be in a strong, properly regulated and properly supported higher education sector, and this will remain our priority throughout the crisis and beyond.
We are acutely aware that all universities are fulfilling their civic missions with the support they are providing to the NHS, government and communities in tackling this virus through providing equipment, facilities, expertise, research or personnel.
We have received our proposed funding from Welsh Government for the coming year, and we will make an announcement about how we will distribute that in due course.
We have also re-assessed our priorities, particularly when it comes to the weight of regulation, with flexibility around fee and access planning, and other regulatory processes, including requests for data and information.
We have now published the new arrangements formally.