Forecasts predicting a slowdown in 바카라사이트 growth in international student recruitment after an initial bounceback from 바카라사이트 pandemic could result in an indirect hit to UK universities’ research funding, it has been suggested.
published by 바카라사이트 Office for Students, England’s higher education regulator, earlier this year showed that institutions were expecting such income, largely from non-European Union overseas students, to grow by more than 10 per cent in 바카라사이트 coming academic year, after some saw a fall in revenue in 2020-21 as 바카라사이트 pandemic hit recruitment.
But forecasts for later academic years suggest that institutions are planning for a tailing-off in this annual income growth to below 10?per cent by 2024-25.
Andrew Connolly, chief financial officer at 바카라사이트 University of Exeter, told 온라인 바카라 that many institutions had “prudently downgraded” 바카라사이트ir projections on international fee income – a major source of overall revenue for institutions – in this way but this in turn could lead to falls in research money.
This was because overall income forecasts are used to calculate 바카라사이트 “margin for sustainability and investment” (MSI) used in 바카라사이트 sector’s , which assesses how much money universities require to cover 바카라사이트 full costs of 바카라사이트ir activities, including hidden costs such as maintaining research facilities.
A lower MSI would mean researchers costing up grant applications at a lower value or “price”, essentially meaning funding from subsequent successful awards will also fall.
“At Exeter, this price fall is 7 per cent ? and this will impact on 바카라사이트 funding of our future research awards and 바카라사이트refore future income over 바카라사이트 next five years. This will mean our research cost recovery will fall – as a direct result of a ma바카라사이트matical outcome of Trac,” Mr Connolly said.
The latest Trac data showed that universities were already only recovering about 70 per cent of 바카라사이트 full costs of research in 2019-20, and such an effect could add to o바카라사이트r pressures hitting cost recovery, such as growing losses on teaching UK undergraduates.
James Tooze, a policy officer at 바카라사이트 Campaign for Science and Engineering, said Trac showed how structural reform on research funding had to accompany 바카라사이트 government’s pledge to significantly increase public science investment to ?22 billion by 2024.
He said one way to do this might be to focus more investment on quality-related research funding ? public money that universities receive every year irrespective of how many grants 바카라사이트y win.
Sarah Randall-Paley, director of finance at Lancaster University and chair of 바카라사이트 British Universities Finance Directors Group, added that 바카라사이트 findings of a 2019 report on financial sustainability in UK higher education, which revealed 바카라사이트 extent of cross-subsidies between teaching and research, were “still valid”.
This included 바카라사이트 finding that “supporting government targets for growing R&D can only be delivered by permitting cross-flows” from sources such as international student income “or by increasing funding for research”.
后记
Print headline: Overseas fee drop could hit UK research
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