News & Blog

Catch up on relevant industry news here.

Interpreting the national decline in student applications

Posted by Tomlinson Estates 12 September 2017 at 09:17

Interpreting the national decline in student applications

Latest UCAS figures have revealed the first drop in university applications since 2012, with applications down 4% on last year. Increases in fees, increased interest rates on student loans and Brexit are among the factors thought to be driving the decline.

However, the Financial Times reports that the major part of the decrease was caused by a 19% drop in applications for nursing, due to the removal of NHS bursaries which previously covered the cost of tuition fees in that subject.

It should also be noted that applications in 2016 were at a record high, providing an extremely high benchmark, and applications from international students (outside the EU) have actually increased by 2%.

Perhaps most importantly for our landlords, whilst applications from mature students fell considerably, the proportion of 18 year olds applying to university rose again to a record 37.9%. With the younger age students forming the vast majority of our tenants, demand for the next few years looks set to remain very strong.