I refer the hon. Member to the Written Ministerial Statement made by my Rt. Hon. Friend the Secretary of State on 29 June 2020 that informed the House of Commons of a support package to sustain research capacity and capability which might otherwise be impacted by Covid-19.
From the Autumn, the Government will demonstrate its commitment to research by providing a package of support to research-active universities, consisting of low-interest loans with long pay-back periods, supplemented by a small amount of government grants. In sharing responsibility for the future of science and research with our world-leading university system the government will cover up to 80% of a university’s income losses from international students for the academic year 20/21, up to the value of non-publicly funded research activity in that university.
Further details of the package, including the loan and grant arrangements, will be announced in due course.