Medr statement on higher education finances

A spokesperson from Medr, the organisation responsible for funding and regulating the tertiary education and research sector in Wales, said:

“Universities across the UK are facing an exceptionally challenging financial period due to a range of factors including increasing cost pressures and declining international student applications. The position is no different in Wales.

“Cardiff University informed us last week, in our capacity as the regulator, that they would be launching a formal consultation on their future plans. The consultation will run for 90 days. We recognise this is an extremely worrying time for staff, students and prospective students. Cardiff University has assured us that current students and those enrolling in September 2025 will be able to complete their courses.

“Our priorities include protecting the interests of learners and ensuring the tertiary education system serves the needs of Wales now and in the future. We engage closely with all universities in Wales to understand their individual positions and the plans they are putting in place to ensure their long-term financial sustainability and the quality of their offer to learners.

“We ensure the Welsh Government is fully apprised on the position across the tertiary education sector and expect all institutions to work closely with trade unions, staff and students on any proposals.”