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.
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 have 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.
Higher education providers should refer to guidance from Universities UK Public Health Wales and the Welsh Government.
Universities Wales has been in close contact with Welsh universities to ensure that they have access to all relevant materials and information, while universities have been keeping Universities Wales and Universities UK apprised of institutional developments.
Universities Wales is also ensuring that the Welsh Government is informed of ongoing developments.
The UK Government has launched the Job Retention Scheme, which allows businesses to furlough employees and apply for a grant that covers 80% of their usual monthly wage costs, up to £2,500 a month. HE institutions can claim under this Scheme but should satisfy themselves regarding the eligibility of the employees to be furloughed:
UK Government financial support may also be available from the Coronavirus Business Interruption Loans Scheme (CBILS), the Coronavirus Large Business Interruption Loans Scheme (CLBILS) or Covid-19 Corporate Financing Facility (CCFF):