This depends on the type of sponsored degree.
Sponsored degree programmes:
Students are often regarded as permanent employees of the company and receive a salary – dividing their time between work and university.
Degrees are devised by, or sponsored by, a consortium of organisations. For consortium-sponsored degrees, students might be sponsored wholly or partially (e.g. £1,000 for each year) at university, and take an industrial placement or a summer placement with an employer in the consortium.
These programmes vary from individual to individual. A student’s fees might be fully or partially covered, and work placements arranged for during or after the degree.