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HEFCE closed at the end of March 2018. The information on this website is historical and is no longer maintained.

Many of HEFCE's functions will be continued by the Office for Students, the new regulator of higher education in England, and Research England, the new council within UK Research and Innovation.

The HEFCE domain - www.hefce.ac.uk - will continue to function until September 2018. At this point we will close the site entirely and all its information will only be available from the National Web Archive.

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All UK higher education institutions (HEIs) are required to report Transparent Approach to Costing (TRAC) data annually.

TRAC reporting for 2015-16 is the first to be prepared under the new higher education (HE) Statement of Recommended Practice (SORP), applying Financial Reporting Standard (FRS) 102. This reporting standard introduces some significant changes in the way financial performance is reported, making comparison difficult between the latest results and historical TRAC data. Data for 2015-16 therefore forms the baseline for the start of a new time series of TRAC data.

TRAC data for previous years:

Date: 29 November 2017

Ref: Data