How has the funding process changed?
In 2012 the Government introduced changes to higher education funding. Between 2012-13 and 2014-15 we used a funding method to suit the gradual introduction of these changes.
Now that the changes are complete, we have updated our method, which will apply from 2015-16 onwards. These changes mainly affect funding for teaching rather than research.
For the 2016-17 academic year our teaching allocations are based on student numbers from 2015-16, and will not generally be recalculated after October 2016.
For the 2015-16 academic year our teaching allocations were based on student numbers from 2014-15, and will not generally be recalculated after October 2015.
2012-13 to 2014-15
For this period we calculated and reviewed teaching funding allocations in three stages. Research funding and most targeted funding (for example, money provided to help with student opportunity) was not subject to this process.
We adopted this ‘three-stage process’ following the Government’s reforms to HE funding from 2012.
We calculate funds based on students who began their studies either before or after the 2012 reforms in different ways. In this period the balance of students in these two categories changed, which meant we had to revise our calculations each year.
The 2014-15 academic year is the last year for which we will be implementing the three-stage process to recalculate allocations, and allocations will not generally be recalculated after October 2016.
Example of the three stages
- An initial allocation.
For 2014-15, we announced this in March 2014, using data forecast in the 2013 HESES or HEIFES surveys.
- An adjusted allocation.
For 2014-15 we based this on student FTEs from the 2014 HESES or HEIFES surveys.
- A final allocation.
For 2014-15 we are basing this on the 2014-15 individualised student data reported to the Higher Education Statistics Agency or from the Individualised Learner Record (ILR) reported to the Skills Funding Agency.
The 'three-stage process' will come to an end as we finalise allocations for 2014-15. We will then move to a single allocation method. See the table below:
|Spring 2014||Spring 2015||Spring 2016||Spring 2017|
|Funding for academic year 2013-14||Adjusted allocations for 2013-14||Final allocations for 2013-14||-||-|
|Funding for academic year 2014-15||Initial allocations for 2014-15||Adjusted allocations for 2014-15||Final allocations for 2014-15||-|
|Three-stage process ends from academic year 2015-16 onwards|
|Funding for academic year 2015-16||-||Allocations for 2015-16||-||-|
|Funding for academic year 2016-17||-||-||Allocations for 2016-17||-|
|Funding for academic year 2017-18||-||-||-||Allocations for 2017-18*|
* Subject to confirmation.