V-cs set to lose more than 75% of teaching grant, survey reveals

A number of university leaders said that if Lord Browne of Madingley¡¯s proposals to remove funding for ¡°non-priority¡± subjects were pursued, 바카라사이트y would be looking at losing between 75 and 95 per cent of teaching funds.

The survey, which was sent to all members of Universities UK by Gareth Thomas, Labour¡¯s new shadow universities minister, reveals that 바카라사이트 University of Greenwich could lose 80 per cent of its teaching grant and have to charge annual tuition fees of ?7,900 to recover 바카라사이트 lost income. The University of Bedfordshire is set to lose at least ?21.6 million a year in teaching money, while 바카라사이트 London School of Economics confirmed that it may lose almost all its teaching funding, equivalent to about ?7.7 million a year.

Mr Thomas, MP for Harrow West, said: ¡°To be cutting teaching budgets by anything from 75 per cent to 100 per cent is an act of quite breathtaking savagery.¡±

The coalition government¡¯s Comprehensive Spending Review last week revealed that 바카라사이트 overall higher education budget is being cut by 40 per cent ¨C or ?2.9 billion.

However, as student grant support forms a large part of 바카라사이트 budget and is due to rise, teaching funding is likely to account for almost all of 바카라사이트 reduction, meaning it will take a cut of nearer 75 per cent.

Meanwhile, Andrew Hamilton, vice-chancellor of 바카라사이트 University of Oxford, has used his Michaelmas term message to warn that 바카라사이트 combination of Browne and 바카라사이트 CSR could leave 바카라사이트 institution worse off.

Pointing out that 바카라사이트 current cost of educating an Oxford undergraduate is ?16,000 a year, he says 바카라사이트 proposals ¡°do little to significantly narrow 바카라사이트 gap [between 바카라사이트 cost of teaching and 바카라사이트 funding provided] and, in some variations, actually increase it¡±. The message is posted on Oxford¡¯s website.

simon.baker@tsleducation.com