RCS - Malvern Inter. PLC - Migration Advisory Committee (MAC) update

Malvern InternationalAnnouncement

23/05/2024 07:00

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RNS Number : 5235P  Malvern International PLC  23 May 2024

REACH- NON-REGULATORY

23 May 2024

MALVERN INTERNATIONAL PLC

("Malvern", the "Company" or the "Group")

Migration Advisory Committee (MAC) update

We note last week's publication of the UK Government-commissioned Migration
Advisory Committee (MAC) review of the Graduate Visa Route, which was strongly
in favour of existing visa rules supporting international student recruitment
while also highlighting the £42bn contribution to the UK economy annually,
which makes the sector the country's third largest revenue generator. This
support from the government-appointed committee is particularly important
since with domestic UK undergraduate fees capped since 2017-18, and with
overseas student fees set at much higher levels, universities are increasingly
and significantly reliant on international students to cover their costs and
enable them to sustain publicly funded teaching and research activities as
well as other student support activities.

Malvern International is a leading learning and language skills development
partner, with a diversified model, which includes providing a pathway for
international students' essential academic and English language skills,
together with cultural experiences and the support they need to thrive in
their academic studies, daily life and career development.  We support the
MAC report's recommendations regarding agents, which we believe will be
helpful in maintaining appropriate levels of quality and commitment on the
part of universities and providers.  Malvern International is an advocate
for, and adheres to, the UK's existing Agent Quality Framework, and welcomes
initiatives to extend this, for instance around improved systems and training
for agents.

Following the government's previous alteration to student immigration rules in
January 2024, universities across the UK have seen a significant decline in
postgraduate international student numbers (January 2024 intake) though with
our primarily undergraduate pathway focus this has not had a material effect
on Malvern.  We view the current uncertainty around international students as
unhelpful and are encouraged by the conclusion in the MAC report that the
graduate route is working well, with no evidence of abuse, and should be
retained in its current form, which now awaits central government response.

 

 For further information please contact:
 Malvern International Plc                www.malverninternational.com (http://www.malverninternational.com/)
 Mark Elliott - Chairman                  Via our website
 Richard Mace - Chief Executive Officer

 

Notes to Editors:

 

Malvern International is a learning and language skills development partner,
offering international students essential academic and English language
skills, cultural experiences and the support they need to thrive in their
academic studies, daily life and career development.

 

University Pathways - on and off-campus university pathway programmes helping
students progress to a range of universities, as well as in-sessional and
pre-sessional courses.

 

English Language Schools - British Council accredited English Language
Training at English UK registered schools in London and Manchester.

 

Language in Action juniors and summer camps ("Juniors") - fully-immersive
summer residential English language camps and bespoke group programmes for 13
to 18 year olds.

 

For further investor information go to www.malverninternational.com
(http://www.malverninternational.com/)

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