The University of Lincoln is intending to charge tuition fees of £9,000 per year from 2012, the maximum amount after the limit on fees was increased in December 2010.
It had previously been suggested that the university would have to charge £7,500 to break even.
The city’s other university, Bishop Grosseteste, intends to charge £7,500 per year. The University of Lincoln is charging closer to the majority of universities in the country – with the current nationwide average level of fees around £8,700 at time of publication.
Mary Stuart, the university’s vice-chancellor, said: “this decision will allow the university to continue to grow and enhance the student experience for the benefit of all of our community.”
The University of Lincoln Students’ Union described the university as being in an “unfortunate position” blaming the increase as an “unavoidable result of the significant funding withdrawals from higher education by the government”.
The university says it will offer “a strong package of support for students”, as required by the Office of Fair Access, who have to approve plans from any university wishing to charge more than £6,000.
The support includes scholarships and bursaries, however, the university announced plans in February 2010 to cut most of the bursaries they offered as a cost saving measure. Financial support will also be available “from a number of employers such as Siemens”.
Dan Derricott, vice-president academic affairs at Lincoln SU, praised work on these support packages saying: “We are grateful to the university for continually engaging with us as they seek to design access and support arrangements.”Tweet