THE Isle of Wight College is set to benefit from a slice of a government fund worth £1.5 billion.

Although the college doesn't yet know how much money it will be allocated, the next stage is a full feasibility study, which will start next month.

A spokesperson for the college said: "Naturally the college is delighted to have made it to Phase Two of the process and we are looking forward to working with the Department for Education on the feasibility study."

The Isle of Wight College is among a handful of educational establishments to benefit from the £1.5 billion Further Education Capital Transformation Fund.

The news was announced yesterday by apprenticeships and skills minister Gillian Keegan.

The fund was first launched in September 2020 by the Prime Minister to rebuild and transform college estates and create modern, fit-for-purpose spaces that meet the needs of students and the communities they serve.

The money will be to upgrade the campus.

Ms Keegan said: “It is fantastic news that we are launching the next phase of this transformation programme, working with a small number of colleges that are some of the most in need of support to upgrade and revitalise their estates.

“As we recover from the pandemic, it is vital our colleges continue to be great places to learn with excellent facilities.

“Our priority is making sure every student receives high quality education and training, no matter where they live, so they can gain the skills they need to progress into work and help the economy to rebuild and grow.”