30 March 2015 
Matt Sisson, Projects and Membership Manager
Full details of HEFCE recurrent grant funding for the 2015/16 academic year have now been published on the HEFCE website. In total HEFCE will distribute £3.97 billion. It’s the first year that HEFCE will be distributing more for research than for teaching, with £1.56 billion for the former and £1.42 billion for the latter. The HEFCE announcement stresses that the teaching fund is aimed at “meeting the costs of teaching that cannot be covered by tuition fees alone, with £684 million for science, technology, engineering and mathematics (STEM) and other high cost subjects”.
Additional items of the funding package include £160 million for knowledge exchange, £603 million in capital grants, £130 million for national facilities and initiatives, £52 million in transitional funding for research and £50 million for the Postgraduate Support Scheme.
2015/16 also sees the end of student number controls, as well as the three-stage process for recalculating teaching grants, as those who started under the previous funding regime in 2012/13 have now graduated.
