March 2005/14
Core funding/operations
Allocation of places and funds
For further information contact the HEFCE regional consultant or regional team.
Allocation of funds for additional student numbers 2006-08
This document describes the new method for allocating additional student places and funds, for 2006-07 to 2007-08. Places will be allocated for strategic growth, for projects supported by the Strategic Development Fund; or for managed growth to meet priorities agreed within each region.
| To: | Heads of HEFCE-funded higher education institutions
Heads of HEFCE-funded further education colleges |
| Of interest to those responsible for: | Funding, Access, Curriculum development |
| Reference: | 2005/14 |
| Publication date: | March 2005 |
| Enquiries to: | HEFCE regional consultants (see list at Annex B) |
Executive summary (read on-line)
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Executive summary
Purpose
1. This document sets out how we intend to allocate funds for additional student numbers (ASNs) for the academic years 2006-07 and 2007-08.
Key points
2. An estimated 30,000 full-time equivalent ASNs will be available for 2006-07 and 2007-08. These numbers will be allocated using a new method, developed in response to the Secretary of State's request that HEFCE allocates additional places strategically.
3. Funding for growth will be made available in two main ways:
- for major strategic projects that either have already secured support from the Strategic Development Fund, or where a proposal to the fund is in advanced stages of preparation (strategic growth), or
- growth meeting national or regional needs, where proposals are brokered with HEFCE regional consultants (managed growth).
A small number of ASNs will be held back for small-scale structural re-alignment for individual institutions, as needed.
Action required
4. Institutions interested in submitting a proposal for strategic growth should contact their HEFCE regional consultant. Institutions interested in being involved in a proposal for managed growth should await details of the regional process from their HEFCE regional team.