Plans are being explored to develop post-16 vocational training at the University of Wales Trinity St David.
Despite protests in Lampeter and at the Senedd, the university confirmed in January that 200 years of undergraduate teaching would end in the Ceredigion town, with humanities courses being transferred to Carmarthen in September 2025.
The university previously said it was "not viable" to maintain the infrastructure of the campus with just 92 undergraduate students.
But plans for skills training at the site have been described as "very, very exciting" by the leader of Ceredigion council.
Both University of Wales Trinity St David (UWTSD) and the council have confirmed they are in the "early stages of scoping opportunities" to develop skills and vocational provision at Lampeter.
UWTSD said in November 2024 that the Lampeter campus costs £2.7m a year to run and the backlog maintenance and compliance costs for the campus were estimated at £33.5m.