Regent's College in London will become only the second private university in Britain after receiving official approval to change its name to Regent's University London.
Private universities and colleges will be allowed to recruit unlimited numbers of students able to claim subsidised loans of up to £6,000 for another year, the Government has said.
Regent's College is to become the UK's largest private university, after the business department BIS confirmed that it met the criteria for university title.
Regent's College in London will become the second private university in Britain after receiving official approval to change its name to Regent's University London, writes Richard Adams for the Guardian.