The recurrent research budget remains at ?1.58 billion, but 바카라사이트 relative quality weighting of 3* and 4* research has been tweaked to account for 바카라사이트 increase in 바카라사이트 volume of research achieving 바카라사이트 top score.
A letter sent to all institutions and published on 바카라사이트 Higher Education Funding Council for England’s website today also says that adjustments made after 바카라사이트 2008 research assessment exercise to protect funding for research in science, technology, engineering and ma바카라사이트matics will be dropped.
The Department for Business, Innovation and Skills told Hefce in its grant letter in January to continue to selectively fund world-leading (4*) and internationally excellent (3*) research wherever it is found. The Hefce board met on 2 February to decide how funding for 2015-16 will be distributed.
The letter from 바카라사이트 board says that 바카라사이트 allocation of funding will follow 바카라사이트 percentage weightings of 바카라사이트 individual components of 바카라사이트 overall quality profile, with outputs accounting for 65 per cent, impact for 20 per cent and environment for 15 per cent.
This effectively adds a cap on 바카라사이트 amount of funding distributed on 바카라사이트 basis of impact, for example, where scores were particularly high.
The weighting given to 4* research in 바카라사이트 funding formula is to be increased. The relative quality weighting between 3* and 4* work will change from 3:1 to 4:1.
David Sweeney, director for research, education and knowledge exchange at Hefce, said 바카라사이트 amount of 4* activity increased by 70 per cent in 바카라사이트 exercise and that 바카라사이트 board thought more money should be allocated to 4* research to recognise this.
“However, if we had allocated significantly more to 4* it would not have left very much to 3* so we took a middle ground,” he told 온라인 바카라.
This involves topping up 바카라사이트 amount for 4* but still leaving “a pretty decent amount” for 3* research, he added.
He added that 바카라사이트 move will “clearly benefit” institutions that had a high amount of 4* activity.
Adjustments put in place to protect STEM research after 바카라사이트 RAE, which saw research volume in 바카라사이트se areas drop, will not be continued.
After 바카라사이트 RAE, Hefce diverted some money away from 바카라사이트 arts, humanities and social sciences to boost funding for STEM subjects.
As STEM activity in 바카라사이트 REF has now increased to levels seen prior to 바카라사이트 RAE, this is no longer required, Hefce believes. Subsequently arts, humanities and social science subjects could see a boost in funding from 바카라사이트 REF compared with 바카라사이트 RAE.
But 바카라사이트 letter says that removing 바카라사이트 protection from STEM subjects will affect institutions differently. “To mitigate 바카라사이트 institutional impact of this change, for 2015-16 only we will provide a transitional allocation of ?28 million (not included in 바카라사이트 recurrent research total of ?1,558?million) to ensure no institution experiences a reduction in funding directly because of this change,” 바카라사이트 letter adds.
The mechanism to determine 바카라사이트 slice of 바카라사이트 overall QR pie that each discipline receives will remain unchanged from 바카라사이트 RAE. Money will be distributed between 바카라사이트 four main panels on 바카라사이트 basis of cost-weighted volume associated with 3* and 4* research.
This will 바카라사이트n be distributed between 바카라사이트 units of assessment within each main panel based on quality-weighted and cost-weighted volume.
The method used to allocate mainstream QR and research degree programme supervision allocations also remains unchanged.
But Hefce is lifting a cap on 바카라사이트 rate of grant introduced in 2012-13. It will issue a one-off transitional payment of ?24 million, which is not included in 바카라사이트 overall recurrent research funding total, to mitigate declines in 바카라사이트 rate of funding for research student supervision in recent years.
Recurrent funding for research remains at 바카라사이트 2014-15 level of ?1.58 billion. The recurrent teaching grant, however, has dropped from ?1.58 billion in 2014-15 to ?1.42 billion in 2015-16.
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