HEFCE confirms exactly how much universities have to spend

Posted on March 17, 2011 by

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You might have spotted another announcement from HEFCE today on funding for universities. This is the confirmation of exactly how much money each institution will be getting from HEFCE. They announced how they planned to share out the money back in February. The Times Higher analysis suggests that research-intensive institutions like Oxford and Imperial are doing relatively better at securing funding from the pot.

Background

Back in February, the Higher Education Funding Council for England (HEFCE – the non-departmental public body responsible for distributing public money for teaching and research to universities and colleges) announced how it was going to allocate money across Higher Educations Institutions in England – detail here. This included making some backwards changes to the 2010-11 grants already announced – reductions that will be made by reducing HEFCE’s monthly grant payments to institutions between April and July 2011.

There were reductions to research funding and a considerable reduction in capital funding which raised concerns over the impact across science. But there was a spot of very good news for medical research charities with the charity research support funding through which government partners charities to support the full costs of research in universities being maintained in cash terms at £197.5 million

And today…

The full grant announcement with the detail of exactly how much money each institution is getting has been published.

David Willetts has responded.

And you might like to check out Times Higher for a little more reflection.

In terms of individual institutions, the “winners” are mainly research-intensive institutions that have benefited from the reweighting of Hefce’s formula for distributing research funding towards “internationally excellent and world-leading research”.

 

Posted in: Policy