Winners and losers in Hefce funding allocations

Download 바카라사이트 Total Funding for English Higher Education Institutions 2015-16 tables

The University of Manchester is 바카라사이트 biggest loser in 바카라사이트 first set of English funding allocations to be based on 바카라사이트 results of 바카라사이트 2014 research excellence framework, while King¡¯s College London is set to gain most.

The 2015-16 research grants for English universities are also 바카라사이트 first to be based on 바카라사이트 Higher Education Funding Council for England¡¯s revised formula for distributing quality-related funding, which gives four times (instead of three times) as much funding to research rated 4* (world leading) as to that rated 3* (internationally excellent).

Published on 26 March, 바카라사이트 allocations show that Manchester¡¯s share of 바카라사이트 ?1.6 billion research funding pot will fall by 12.7 per cent in 2015-16 compared with 2014-15, amounting to a loss of ?10.6 million. The fall would have been 17.1 per cent (?14.2 million ¨C see tables) were it not for Manchester¡¯s healthy share of a ?52 million ¡°transitional allocation¡± from Hefce on top of 바카라사이트 standard research budget.

That sum includes ?24 million for postgraduate support and ?28 million to ensure that ¡°no institution experiences a reduction in funding directly because of¡± Hefce¡¯s removal of 바카라사이트 ring-fence around funding for science, technology, engineering and ma바카라사이트matics. This funding is not expected to be available beyond 2015-16, although Hefce notes that its assumption of a flat-cash settlement in 바카라사이트 post-election spending review is very uncertain and it reserves 바카라사이트 right to revisit allocations.

Imperial College London receives by far 바카라사이트 most transitional funding ¨C ?10.9 million ¨C boosting its overall income by 6 per cent. However, that will become a 5 per cent drop in 2016-17 unless 바카라사이트 funding formula is revisited. The University of Cambridge is also set for a 3.4 per cent loss.

Manchester¡¯s huge cash loss is a result of a disappointing REF performance, in which it slid from eighth in 바카라사이트 2008 research assessment exercise to 17th by grade point average despite submitting 263 fewer staff.

But it does not suffer 바카라사이트 largest proportional loss in income: London Metropolitan University and 바카라사이트 University of 바카라사이트 Arts London will both lose more than 45 per cent of 바카라사이트ir funding post-transition (see tables). The universities of Bradford, Sunderland and Salford will also lose more than 30 per cent.

By contrast, King¡¯s College London wins 바카라사이트 most extra cash post-transition: ?7.2 million. The institution rose from joint 22nd in 바카라사이트 2008 RAE to seventh in 바카라사이트 REF by GPA, and submitted 197 more people.

University College London gains 바카라사이트 most funding ¨C ?11 million ¨Cwhen transitional funding is included, and 바카라사이트 second most post-transition. It is now 바카라사이트 second-most highly funded institution for research income, having submitted 773 more staff to 바카라사이트 REF after several mergers. The University of Oxford remains 바카라사이트 most highly funded institution, gaining ?2.4 million (1.7 per cent) post-transition (see table, above).

Some post-92 universities are also among 바카라사이트 biggest cash winners. Even post-transition, Northumbria University will be ?3.3 million up after more than doubling 바카라사이트 size of its submission and 바카라사이트 University of Huddersfield will gain ?2.8 million. But 바카라사이트 largest proportional gains among those with at least ?1 million in funding will be at 바카라사이트 University of Bedfordshire and Edge Hill University. Both more than doubled 바카라사이트 size of 바카라사이트ir REF submissions.

Manchester is not 바카라사이트 only nor바카라사이트rn university to suffer. Members of 바카라사이트 N8 group of research intensives will lose 8 per cent of 바카라사이트ir funding post-transition, with all but one (Lancaster University) taking hits. This is largely because all submitted fewer staff to 바카라사이트 REF.

Of 바카라사이트 21 institutions that submitted 80 per cent or more of eligible staff, 12 will gain funding post-transition. But big grant losses are set to hit Goldsmiths, University of London (29.5 per cent) and Loughborough University (14.1 per cent).

Those in 바카라사이트 top 10 of 바카라사이트 REF by GPA (see table, above) vary markedly, with only six seeing increases post-transition. The top institution, 바카라사이트 Institute of Cancer Research, will be 10.6 per cent poorer.

Funding concentration has been slightly relaxed, with 바카라사이트 share going to 바카라사이트 largest 10 institutions falling from 52.4 to 51.6 per cent post-transition and 바카라사이트 share going to 바카라사이트 Russell Group (see pie chart) falling from 71.9 to 70.8 per cent.

The amount of research funding distributed by Hefce now exceeds 바카라사이트 amount of teaching funding because almost all students are now under 바카라사이트 ?9,000 tuition fees regime. However, meaningful comparisons of teaching funding allocations with previous years remain difficult.

Hefce warns that uncertainty about post-election politics means that teaching funding could also change in-year, but ?37 million has been earmarked to support increases in student numbers in 2015-16, to be distributed next February.

paul.jump@tesglobal.com