Higher Education Funding 2010-11
December 22, 2009
The Government’s annual grant letter to HEFCE sets out the financial position for Higher Education in 2010-11 and builds on the approach set out in the recent framework document Higher Ambitions: The future of universities in a knowledge economy. It asks HEFCE to take the next steps towards that vision, by developing proposals on:
- Creating a more diverse higher education landscape, by increasing the range of alternatives to the full-time three year degree;
- Maximising the impact that higher education makes to the economy by supporting the programmes with highest economic and social value;
- Supporting research concentration to underpin our world class ranking, while continuing to support excellence in research;
- Developing a standard set of information about higher education, so that all students can exercise informed choice about courses and institutions.
Download the letter 280KB
Higher Education Minister David Lammy said:
“Over the past decade, the Government has invested record amounts in Higher Education – around 25% more than 1997 – and there are now more students than ever before in our history attending university.
“It is right that universities, in common with all other areas of public spending, play a part in helping manage the pressures on public finances brought about by the impact of the financial downturn. Tough choices are inevitable but we are minimising the effect on the frontline by making savings on capital budgets, asking the sector for further efficiency savings and by asking HEFCE to look to reduce funding which will not impact on teaching.
“We are absolutely clear that a high quality student experience with excellent teaching is vital to maintaining the world class Higher Education we enjoy in this country today.”
