¹û¶³Ó°Ôº receives 1.73% rise in HEFCE funding 2010-2011
18 March 2010
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¹û¶³Ó°Ôº has received an overall 1.73% increase in funding for 2010-2011 from the Higher Education Funding Council for England (HEFCE) compared with last year, in allocations for universities announced today.
The recurrent funding
allocation across the university sector for 2010-2011 has increased by 0.4%.
¹û¶³Ó°Ôº's research funding has increased by 4.28%, compared with a sector average
increase of 2.05%. ¹û¶³Ó°Ôº's teaching funding has decreased by 1.58%, compared with
a sector average decrease of 0.14%.
In terms of grant funding awarded, ¹û¶³Ó°Ôº has retained its position among UK
universities with regards to total research funds (3rd), total grant (5th) and
total teaching funds (11th).
Professor David Price, ¹û¶³Ó°Ôº Vice-Provost (Research) said: "We are aware that universities cannot be completely protected from the impact of the economic downturn. ÌýHowever, we welcome sustained funding for research intensive universities like ¹û¶³Ó°Ôº which recognises the significant contributions we make to the UK economy."
For details of the recurrent grants and tables showing allocations to individual institutions, follow the link above.