Phone 02476 654321

Lifetime Skills Guarantee to accelerate high student demand at Coventry College

The Government’s Lifetime Skills Guarantee is set to increase existing high demand at Coventry College from redundant workers wanting to re-skill for new careers - and is a welcome shot in the arm for the UK’s further education sector - according to the College’s Assistant Principal Gemma Knott.

In a bid to up-skill the UK workforce to aid the post-Covid economic recovery, Prime Minster Boris Johnson has announced that from next April, every adult without an A-Level or equivalent qualification will be able to study a college course that is “valued by employers” for free. This is known as the Lifetime Skills Guarantee.

Lifetime Skills Guarantee to accelerate high student demand at Coventry College

And in a further move to close the gulf between academic and practical studies and ensure colleges and universities are operating on a level playing field, colleges will be given access to the same student finance system currently used by universities for the technical subjects that they offer.

Education loans will also be made more flexible, allowing adults and young people to space out their study across their lifetimes rather than in three or four-year blocks. 

Apprenticeship opportunities will also be increased, with more funding for SMEs taking on apprentices, and greater flexibility in how their training is structured – especially in sectors such as construction and creative industries where there are more varied employment patterns.

The measures are being funded by the £2.5bn National Skills Fund, alongside a separate £1.5bn investment in college buildings. 

The announcements come following a record month of enrolment for Coventry College, which received more than 700 extra course entries from adult students in September.

Gemma Knott, Assistant Principal for Business Growth at Coventry College, said: “Colleges have always played a vital role in laying the foundations for the next generation of skilled workers, and it’s fantastic that this is now being properly recognised by government.

“We are already seeing more adult learners studying with us to prepare themselves for a career change, which has undoubtedly been driven by redundancy in previous roles.

“The Lifetime Skills Guarantee is set to accelerate this demand next year, so in order for colleges to meet the demand, we will need additional resource and investment to ensure as many learners are equipped to realise their potential.

“Having access to the same student funding streams as universities is also great news for us, as it will undoubtedly break down the barriers for some adults who don’t qualify for the Lifetime Skills Guarantee but still want to switch careers, and enables us to reinvest more funds into the College itself.

“Whether it’s someone wanting to switch careers, or an employer who is looking to up skill and add to their workforce - now is the time for us all to seize the moment with this additional government support.”

 

Want the latest Coventry & Warwickshire business news delivered straight to your inbox every Monday? Click here to subscribe to our weekly Chamber News e-zine...

Close Menu
Contact
Close Panel

Contact Us

If you have a question you would like to ask, please use one of the following contact methods below:

Phone 024 7665 4321
Fax 024 7645 0242

Coventry and Warwickshire Chamber of Commerce

Chamber House, Innovation Village

Cheetah Road

Coventry, CV1 2TL

 

Click here to view a map of our location for directions.

Search here

×
Join Us

Join Us

Join today and access a range of benefits to help you connect, cut costs, promote and grow your business.

Newsletter

Newsletter

* indicates required