The University of West London, formerly Thames Valley University, was informed last week by the ÖйúAƬ Funding Council for England that it was no longer considered to be ¡°at higher risk¡± of financial failure.

The notification comes just six months after Peter John, West London¡¯s vice-chancellor, told Times ÖйúAƬ that he hoped the institution would have made it off the list within two years.

In a statement, Professor John says: ¡°This is a wonderful achievement for the university and it is testament to the hard work and dedication of my colleagues over the last four years. I am very proud of everyone here at the University of West London.¡±

Hefce assesses the financial health of universities on an annual basis, although it can re-assess institutions during the course of a year if its circumstances change.

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The decision to remove West London from the ¡°at risk¡± list follows such a re-assesment.

The university, which changed its name in May, was formed from a collection of colleges, including Ealing College of ÖйúAƬ, Thames Valley College of ÖйúAƬ, the London College of Music and Queen Charlotte's College of Health Care Studies.

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It achieved university status a year after becoming the Polytechnic of West London in 1991.

john.gill@tsleducation.com