The Reporter
Issue 489, 24 March 2003
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Teaching funds cut in HEFCE allocations

 

The University’s core teaching allocation for 2003/04 has been cut by nearly 6% in real terms in the HEFCE grant announcement. The total grant is £110.5m, made up of £68.1m for teaching, £3.1m for widening participation, £35.1m for research and £4.2m for rewarding and developing staff.

Although the University’s research allocation has increased by 13.5%, the University is still left with an overall shortfall of £500,000 below its estimated forecasts. The drop is due to a significant redistribution of money nationally from core teaching allocations to special widening participation funding.

Allocations within the University have yet to be worked out, but given the unforeseen drop in the teaching allocation, the job will be an extremely difficult one. Various distribution scenarios are being drawn up for consideration by strategy group and by a special meeting of ADC on April 9. The final recommendation will be made by ADC in May, subject to agreement by Senate on June 4.

Full details of the funding breakdown can be found on campusweb news.

 
 


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