1. This document sets out allocations for the second Capital Investment Fund (CIF2). It includes capital allocations for higher education institutions (HEIs) for learning and teaching for the financial year 2012-13 and for research for the four financial years 2011-12 to 2014-15.
2. The allocations to HEIs under CIF2 are determined by formulae. Capital funding for 2012-13 to 2014-15 is indicative only and subject to confirmation in future grant letters.
3. Using the formulae, we have allocated £49 million to the second Learning and Teaching Capital Investment Fund (TCIF2) for one year; and £549 million to the second Research Capital Investment Fund (RCIF2) for four years.
4. These allocations can be used to invest in HEIs' supporting infrastructure. TCIF2 allocations are at Annex A and RCIF2 allocations are at Annex B.
5. No action is required.