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Summary and key documents

Figures for the 2013-14 academic year were subject to the three-stage recalculation process.

  Final allocations (£ millions) Adjusted allocations (£ millions) Initial allocations (£ millions)
 Teaching  2,331  2,326  2,325
 Research  1,558  1,558  1,558
Knowledge exchange  160  160  160
Capital and other non-recurrent special funding  453  453  429
Total HEFCE grant for 2013-14 academic year  4,502  4,497  4,472
       
 Date announced:  March 2015  March 2014  March 2013

The three stages

For 2013-14, the stages for allocations are:

  • Initial. Announced in March 2013, based on forecast student FTEs submitted in the 2012 HESES or HEIFES surveys.
  • Adjusted. Announced in March 2014, updating the initial allocations to reflect 2013-14 student FTEs submitted in the 2013 HESES or HEIFES surveys.
  • Final. Announced in March 2015, finalised to reflect end-of-year individualised student data submitted to HESA or the Skills Funding Agency.