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The future doesn't have to be bleak with loans.

¹Buckinghamshire New University's faculty of society and health.

Nursing Standard (Royal College of Nursing (Great Britain) : 1987)

|September 1, 2016

Summary

Universities are shifting from bursaries to loans for healthcare students. This change reflects the financial unsustainability of the previous bursary system for nursing, midwifery, and allied health professions.

Area of Science:

Healthcare education funding
Higher education policy

Background:

The traditional bursary system for nursing, midwifery, and allied health professionals faced financial challenges.
Maintaining the status quo of bursaries was not feasible given the prevailing economic conditions.

Purpose of the Study:

To analyze the transition from bursaries to loans in healthcare professional education.
To understand the university perspective on this financial policy shift.

Main Methods:

Qualitative analysis of university financial strategies.
Review of policy documents regarding student funding.

Main Results:

The move to a loan-based system was anticipated by many universities.
Financial pressures necessitated a change from bursaries to loans.

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Conclusions:

The financial climate made the continuation of student bursaries untenable.
Universities were prepared for the shift to a loan system to fund healthcare education.