The move, from the Tertiary Education Commission (Tec), guarantees funding for the polytechnic for the next two years, relieving pressure on management and staff.
Telford chief executive Jonathan Walmisley said there was "slight" funding for its off-campus programmes over the next two years, but he was not concerned about those.
In the past, the polytechnic staff and management had been concerned at the way Tec handled funding allocation, often leaving it until the end of each year and then introducing cuts with no time for the polytechnic to react and plan accordingly.
But, promisingly, that had changed this year.
Mr Walmisley had recently hosted the new Tec chief executive, who gave a presentation on where the commission was heading under the new Government.
While it was early days, Mr Walmisley said there seemed to be a "great acceptability" of places like Telford that were trying to forge their own identity on the national tertiary education landscape.
"It's all up in the air still, but we are hopeful this means good things for Telford in the future," Mr Walmisley said.
Telford Polytechnic staff and management were waiting for the outcome of a Tec-driven review of land-based training funding, which could play a vital role in deciding how places like Telford were recognised and funded in the future, he said.
