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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 The information on this website is historical and is no longer maintained.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 - - 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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Executive summary


1. This document summarises our final allocations to institutions of recurrent funding for the academic year 2015‑16 and outlines the reasons for changes since the provisional allocations in March 2015.

Key points

2. We first announced provisional allocations of grant for the year in ‘Recurrent grants for 2015-16’ (HEFCE 2015/05). We announced updated allocations on our website in October 2015. This document shows, for each institution, the final allocations for 2015-16, and summarises the reasons for changes since the allocations announced in March 2015. For nearly all institutions, the allocations in this document are the same as those announced in October 2015. Further changes for individual institutions may still arise following data audit and reconciliation.

3. On 21 July 2015, the Secretary of State for Business, Innovation and Skills wrote to notify HEFCE of a required saving of £150 million to be made from the grant provided for teaching in the 2015-16 financial year (affecting both the 2014-15 and 2015-16 academic years). Consequently, our Board decided that for the 2015-16 academic year we would no longer provide two one-off transitional research allocations which we had previously announced, securing a saving of £52 million, nor the £37 million previously set aside for growth in student numbers in 2015-16. ‘Reductions to grants for 2014-15 and 2015‑16 academic years’ (HEFCE Circular letter 19/2015) notified institutions of the changes to funding we would make arising from the £150 million saving for the 2015-16 financial year.

4. Following receipt of the grant letter of 4 March 2016 from the Department for Business, Innovation and Skills with the funding settlement for the 2016-17 financial year, no further changes to 2015-16 academic year budgets are required.

5. The overall budget for the 2015-16 academic year is £3,862 million, a reduction of £109 million (2.7 per cent) compared with the total announced in March 2015. Within this budget, recurrent funding has reduced by £37 million (1.2 per cent). The main reason for these changes is the £150 million reduction to our budget for the 2015-16 financial year.

Action required

6. No action is required in response to this document.

Date: 6 May 2016

Ref: HEFCE 2016/08

To: Heads of HEFCE-funded further education colleges, Heads of HEFCE-funded higher education institutions

Of interest to those
responsible for:

Finance, Planning

Enquiries should be directed to:

HEFCE institutional teams or email