HEFCE closed at the end of March 2018. The information on this website is historical and is no longer maintained.
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.
This announcement follows receipt of its grant letter from the Department for Business, Innovation and Skills on 4 March, and the meeting of the HEFCE Board on 9 March (Note 1).
The funding for the 2016-17 academic year will be £3,674 million, allocated for the following main areas of activity:
The key points to note this year include:
The recurrent grants are described in detail in ‘Recurrent grants for 2016-17’ (HEFCE 2016/09).
Professor Madeleine Atkins, HEFCE Chief Executive, said:
‘This year’s grant announcement will allow universities and colleges to continue to deliver world-class teaching, research and other activities. We are increasing funding for research to ensure that institutions can carry out ground-breaking work of the highest quality which will contribute to economic growth, health and social well-being.
‘We recognise that we need to make the greatest possible impact with government funding on increasing the number of young people from disadvantaged backgrounds entering higher education. Our new, highly targeted National Collaborative Outreach Programme aims to achieve that goal.
‘By protecting teaching funding to universities for STEM subjects, we recognise the higher costs of these subjects and the important role they play in the economy’.