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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 The information on this website is historical and is no longer maintained.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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Teaching funding

Funding elementFinal 2014-15 allocations (April 2016): Total (in £M)Adjusted 2014-15 allocations (March 2015): Total (in £M) Initial 2014-15 allocations (March 2014): Total (in £M)
Funding for old-regime students (phase-out of mainstream and employer co-funded teaching grant) 507 522  500
Funding for new-regime students in high-cost subjects 443 450  468
Student opportunity funding 357 366  366
Other targeted allocations and recurrent teaching grants 241 247  248
Total  1,548 1,585  1,582

As noted on the 2014-15 summary page, a £38 million reduction was made to the 2014-15 teaching grant from October 2015.

Funding for old-regime students

This was subject-based funding for old-regime students who commenced their studies before 1 September 2012.

High-cost funding for new-regime students

This was subject-based funding for new-regime students in high-cost subjects (price groups A to C1 for undergraduates, and price groups A to C2 for postgraduates).

Student opportunity

This allocation contained elements to recognise the extra costs associated with:

  • recruiting and supporting students from disadvantaged backgrounds currently under-represented in higher education (£67.1 million)
  • widening access and improving provision for disabled students (£15.3 million)
  • improving the retention of students most at risk of not continuing their studies (£275 million)

Note that the provisional allocations released in March 2014 were lower than these totals as we set aside £3 million for allocation in October 2014, to allow for corrections by institutions to their underlying data.

Student opportunity funding allocation method

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Figures in these documents relate to the initial allocations announced in March 2014. The budgets have since changed, but the allocation method remains the same.

Download the Student opportunity funding allocation method as PDF (256 KB) Download the Student opportunity funding allocation method as MS Word (131 KB)

Student opportunity allocations

Download the Student opportunity allocations as MS Excel Spreadsheet (70 KB)

Page last updated 5 May 2016