Withdrawal of selected targeted allocations

From 2009-10 we have altered the targeted allocations made for teaching funding outside our mainstream teaching grant.

Changes

There are two key changes:

Two targeted allocations, relating to old and historic buildings and to accelerated and intensive provision of postgraduate taught subjects in price band D, will be withdrawn.
One further targeted allocation, relating to foundation degrees, will be reduced. We will determine the level of this reduction after receiving our grant letter from the Department for Business, Innovation and Skills.

These measures follow the May 2009 letter to HEFCE from the then Secretary of State for Innovation, Universities and Skills. This letter requested that HEFCE assume the need to make cashable efficiency savings of about £180 million across recurrent resources for teaching and research in 2010-11.

Consultation 2009

In July 2009 we issued a consultation on proposals to withdraw all three of the above targeted allocations. This set out the reason for our selection of the three specific targeted allocations in more detail and invited comment.

A summary of the outcomes of the consultation was published in March 2010.

Following the consultation, the HEFCE Board agreed to withdraw the first two targeted allocations, and to reduce the funding provided through the third. Details of this decision are available in electronic publication 11/2009.

Sector impact assessment

In developing our proposals for these funding streams, we formally assessed their impact on the higher education sector in terms of regulatory burden, equality and diversity, and sustainable development.