If you fail the coursework part of the placement it may be possible to repeat this part of the assessment. If you do not perform satisfactorily on the placement it would not be possible to repeat the placement and this would count as a failed placement. It may still be possible to interrupt your studies and return to University the following September and complete the 3-year degree.
If the placement is terminated prior to the expected end date (e.g. the company goes bust) but you have already completed at least nine months of the placement, this will still meet university requirements. If less time had been completed this would not qualify for a 4-year Placement Year degree. It may still be possible to interrupt your studies and return to University the following September and complete a 3 year degree. Alternatively it may still be possible to find another placement at a different organisation to make up your nine month requirement. In these instances the Faculty Placement Place team would be able to discuss individual options on a case by case basis.