Regulatory_Framework_Final_Impact_Assessment
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Regulatory_Framework_Final_Impact_Assessment
Department for EducationSecuring student success: Regulatory framework for higher education in EnglandImpact assessment43282ContentsProblem Under Cons Regulatory_Framework_Final_Impact_Assessmentsideration5Rationale for Intervention6Policy Objectives8Options Under Consideration10Analysis of Policy Options12Impact on Providers of Creating the OfS Register18Impact on Providers of the Initial and Ongoing Registration Conditions28Impact on Providers of Moving to a Risk-Based Monitoring and Assu Regulatory_Framework_Final_Impact_Assessmentrance Framework48Impact on Providers of Reformingthe ValidationSystem54Impact on Providers of Creating a More Flexible Degree Awarding Powers (DAPs) pRegulatory_Framework_Final_Impact_Assessment
rocess55Impact on Providers of Making it Simpler to Obtain University Title58Impact on Students60Impact on Taxpayers63Small and Medium Business AssessDepartment for EducationSecuring student success: Regulatory framework for higher education in EnglandImpact assessment43282ContentsProblem Under Cons Regulatory_Framework_Final_Impact_Assessmentmate assumptions72Annex E - Policy Changes to the Teaching Excellence and student Outcomes Framework and Tuition Fees75Title: Securing student success: Regulatory framework for higher education in England IA No: DfE-103 RPC Reference No: Lead department or agency: Department for EducationImpact Asse Regulatory_Framework_Final_Impact_Assessmentssment (IA)Date: 07/2018Stage: FinalSource of intervention: DomesticContact for enquiries:Summary: Intervention and OptionsRPC Opinion:Cost of PreferrRegulatory_Framework_Final_Impact_Assessment
ed (or more likely) OptionTotal Net Present Value £20.1mBusiness Net Present Value £137.8Net cost to business per year (EANDOB h 2014 prtoes) -£13.6OnDepartment for EducationSecuring student success: Regulatory framework for higher education in EnglandImpact assessment43282ContentsProblem Under Cons Regulatory_Framework_Final_Impact_Assessmentve years, the higher education sector in England has evolved significantly in how it is structured and funded. A consequence of these changes has been that the current regulatory framework, and the funding and regulatory bodies that oversee it, are becoming less effective at achieving further contin Regulatory_Framework_Final_Impact_Assessmentuous improvements in competition and choice. A strong economic case exists to move from a funding council model to a market-based regulator with moreRegulatory_Framework_Final_Impact_Assessment
effective powers to protect the interests of students and taxpayers and ensure they are able to achieve the best possible outcomes and value for moneyDepartment for EducationSecuring student success: Regulatory framework for higher education in EnglandImpact assessment43282ContentsProblem Under Cons Regulatory_Framework_Final_Impact_Assessmenter competition that will offer students a greater choice of high quality providers in the HE sector, with the goal of improving access, progress and to deliver outcomes and value for students, employers, and the tax payers who underwrite the system. This will be achieved by creating a new single reg Regulatory_Framework_Final_Impact_Assessmentulator, and a new HE regulatory framework that 1) creates a level playing field for all providers 2) removes unnecessary barriers to entry while maintRegulatory_Framework_Final_Impact_Assessment
aining a high bar 3) removes existing complexities in the system 4) improves the availability of information so that students can make informed choiceDepartment for EducationSecuring student success: Regulatory framework for higher education in EnglandImpact assessment43282ContentsProblem Under Cons Regulatory_Framework_Final_Impact_Assessmentsidered, including any alternatives to regulation? Please justify preferred option (further details in Evidence Base) Option 0 - Do Nothing. The existing regulatory framework is retained. Option 1 - Introduce a new regulatory framework (preferred). The newly established Office for Students (OfS) wil Regulatory_Framework_Final_Impact_Assessmentl regulate the HE sector with a new regulatory framework that: 1) creates a clear and single gateway into the sector that levels the playing field forRegulatory_Framework_Final_Impact_Assessment
providers 2) inưoduces initial and on-going registration conditions that are designed to ensure the OfS delivers a high bar for entry 3) adopts a risDepartment for EducationSecuring student success: Regulatory framework for higher education in EnglandImpact assessment43282ContentsProblem Under Cons Regulatory_Framework_Final_Impact_Assessmented by a body with UK degree awarding powers 5) introduces a faster, more flexible and cost saving process for obtaining Degree Awarding Powers (DAPs) and 6) makes it simpler to obtain a University Title. Regulatory_Framework_Final_Impact_AssessmentDepartment for EducationSecuring student success: Regulatory framework for higher education in EnglandImpact assessment43282ContentsProblem Under ConsGọi ngay
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