Price of exams soar above inflation in 2024

General qualifications rise 6.4% while VTQs increase 5.5%

General qualifications rise 6.4% while VTQs increase 5.5%

Exam fee rises soared above inflation this year, new Ofqual data shows, but value for money for general and vocational qualifications has remained “broadly unchanged”.

The average cost of a vocational technical qualification was £69.39 in February 2024, 5.5 per cent higher than last year.

Price rises for general qualifications were even larger at 6.4 per cent. The average cost for a GCSE is up 6.6 per cent to £51.15, while A-levels rose 5.8 per cent to £121.39 and AS-level increased 6.8 per cent to £69.47.

Consumer price inflation (CPI) over the same 12-month period was 3.8 per cent.

Ofqual’s analysis, however, pointed out that exam fees rose in line with inflation over last two years, which suggests that qualification “value for money is broadly unchanged from two years ago”.

Last year, college leaders raised the alarm over some awarding organisations’ fees. While most increases were around 4 per cent, England’s biggest exam board AQA upped its fees by up to 16.5 per cent.

College leaders warned at the time that their already strained financial budgets were being stretched “even further” by rises in exam fees.

Data shows that in 2021, general qualification exam fees rose by 2.6 per cent and then jumped up 6.5 per cent between 2022 and 2023. For VTQs, prices increased by 1.2 per cent between 2021 and 2022 and 4.7 per cent between 2022 and 2023.

Inflation between 2022 and 2023 was 9.2 per cent.

Ofqual said today that it was “more helpful” to examine prices over a 24-month period to account for the lag between awarding organisations’ cost pressures, their subsequent exam fee hike and the “uncharacteristically high inflation of the past couple of years”.

“Given economic conditions and development associated with ongoing reform, price rises of the magnitude that are reported are to be expected,” the analysis said. “Ofqual has been, and continues to be, notified of above-inflation price rises and scrutinises these rises in their local market context.”

England has more than 250 awarding organisations which receive more than £700 million in revenue from exam fees, Ofqual estimates.

VTQ inflation ‘uniform’ across levels

The statistics on VTQs include, BTECs, Cambridge Nationals and functional skills but excludes apprenticeship end-point assessments. 

Ofqual found inflation was relatively uniform across the different levels with the highest inflation being in level 4 and above qualifications at 5.7 per cent and the lowest being in level 1 and level 1/2 qualifications at 5.1 per cent.

But the highest exam rise was seen in the construction and planning sector subject, where prices rose 8.5 per cent to an average price of £79.19.

‘Diffuse’ impact on fees from reform

Ofqual also suggested that changes to educational policy and reform would impact qualification fees.

Reform such as the removal of 16-19 funding for level 3 qualifications overlapping T Levels and with low or no enrolments combined with the rollout of T Levels would likely have a “diffuse” impact on pricing.

“Given the multi-year timescales that reforms take place across, increases in short-term costs linked with development of new qualifications may lead awarding organisations to adjust their fees across their wider portfolio,” the body said.

“Awarding organisations also need to invest to ensure resilient delivery across their qualification portfolios, including maintaining their operational capacity to ensure secure delivery of assessments, particularly in the context of an ever-evolving technological landscape. The cost of such necessary additional investment may also contribute to price movements.”

Latest education roles from

Principal & Chief Executive – Bath College

Principal & Chief Executive – Bath College

Dodd Partners

IT Technician

IT Technician

Harris Academy Morden

Teacher of Geography

Teacher of Geography

Harris Academy Orpington

Lecturer/Assessor in Electrical

Lecturer/Assessor in Electrical

South Gloucestershire and Stroud College

Director of Management Information Systems (MIS)

Director of Management Information Systems (MIS)

South Gloucestershire and Stroud College

Exams Assistant

Exams Assistant

Richmond and Hillcroft Adult & Community College

Sponsored posts

Sponsored post

Derby College Group DIRT and TOES: A Story of Enhanced Learning and Reduced Workload

"Feedback is one of the most powerful influences on learning and achievement" - Hattie and Timperley 2007. This powerful...

Advertorial
Sponsored post

Keeping it real – enriching T Level teaching with Industry Insights

T Level teachers across all subjects are getting invaluable support from the Education and Training Foundation’s (ETF) Industry Insights...

Advertorial
Sponsored post

The Role of Further Education Colleges in Bridging the UK’s Digital Skills Gap 

In today's rapidly evolving digital landscape, the UK faces a pressing challenge: a significant shortage of digital skills within...

Advertorial
Sponsored post

Apprenticeships are for life, not just National Apprenticeship Week

National Apprenticeship Week is one of the awareness events that we all mark in our calendars. It’s a hive...

Advertorial

More from this theme

Exams, T Levels

NCFE fined £300k for 2022 T Level exam fiasco

Awarding body has taken measures to ensure errors will not happen again

Anviksha Patel
Exams

Special exam requests soar in colleges

Staff are being stretched and campuses closed in some cases

Anviksha Patel
Exams

Cyber attacks: Exam boards told to introduce new security measures

Ofqual chief Sir Ian Bauckham said regulator will undertake 'rigorous' checks on exam board plans to move tests on-screen

Samantha Booth
Exams

Exam paper cyber attack investigation hits dead end

Two arrested stood down from bail as 'no further evidence'

Samantha Booth

Your thoughts

Leave a Reply

Your email address will not be published. Required fields are marked *