One of many U.Ok.’s most prestigious drama faculties – whose alumni embrace Daniel Day-Lewis, , Olivia Colman and Patrick Stewart amongst different well-known names – is shutting down its undergraduate program, which it has deemed “financially unsustainable.”

The Bristol Outdated Vic Theatre Faculty, which has additionally educated Jeremy Irons, Naomie Harris, Josh O’Connor and Gene Wilder, will not admit undergraduate college students from this fall. It’ll proceed to ship postgraduate programs, together with in skilled appearing, drama directing and display screen appearing.

In an announcement on its web site, the varsity blamed “latest challenges” for the change, together with scholar charges being capped, worldwide scholar visa restrictions and the price of residing disaster.

The assertion added that it was working intently with its degree-validating physique, the College of the West of England, to make sure present college students already enrolled on this system would be capable of full their programs.

Bristol Outdated Vic Theatre Faculty first opened in 1946 with assist from Laurence Olivier.

“Together with many Arts and Greater Training organisations, we face unprecedented funding challenges which we have to handle as our present coaching mannequin, specializing in educating undergraduate diploma programs, just isn’t viable sooner or later,” mentioned the varsity’s present principal and CEO, Fiona Francombe. “Consequently, we’ll not offer undergraduate coaching from September ’25 however will proceed to supply postgraduate coaching and different programs. By taking this choice now we’re capable of plan for the following two educational years calmly, and with our college students’ finest pursuits at coronary heart.”

“Now we have all the time been identified for producing extraordinary work, coaching splendidly gifted individuals, and reaching audiences of all ages,” Francombe added. “This legacy will proceed as we start this new chapter of our story.”