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London Metropolitan University, commonly known as London Met, is a public research university in London, England. The University of North London and London Guildhall University merged in 2002 to create the university. The University’s roots go back to 1848.
The university has campuses in the City of London and in the London Borough of Islington, a museum, archives and libraries. Special collections include the TUC Library, the Irish Studies Collection and the Frederick Parker Collection.
The government announced in May 2009 that there would be an independent inquiry, exploring the possibility that HEFCE had colluded with London Met by failing to query implausibly low drop-out rates. The inquiry concluded in November 2009 and was reported to attribute responsibility to vice-chancellor Brian Roper, along with other senior administrators and the Board of Governors. Following completion of the report, the chair of HEFCE called on “senior staff” and the entire Board of Governors to resign, noting that HEFCE was not convinced that the university’s management could effectively safeguard public funds. After the deadline indicated by HEFCE chief executive Alan Langlands had expired, rumours circulated among staff and government ministers that HEFCE could withdraw funding, effectively forcing the university to close.
A report commissioned by the university, published in November 2009, found that vice-chancellor Roper bore “the major responsibility and culpability” for the financial situation: Roper and some members of the executive had been aware that the university had been applying its own interpretation of funding rules on student drop-outs – rather than the funding council’s – since 2003, but had taken no action. The university’s board of governors and audit committee had an oversight role, which made them ultimately “accountable for a financial failure of this magnitude” and this meant that they “must take overall responsibility”.
The university invests over £700,000 annually in its scholarship programme to help academically excellent students as well as students with outstanding achievements in various sports disciplines, such as hockey, tennis and basketball. The university gives £1000 for any of its undergraduate international students who achieve ‘A’ grade marks. The university also offers postgraduate scholarships, a range of full tuition scholarships, including some scholarships with free accommodation. Scholarships are offered in conjunction the BBC World Service, International Student House and Mahatma Gandhi Foundation.[citation needed] The university has several student exchange programmes with academic institutions in the US and Europe, with financial support for those who participate through the Erasmus programme.