New in this section
Details of the recurrent grant announcement for 2011-12.
Finance and assurance
We are responsible for substantial sums of public funding - £6,507 million in 2011-12, announced in HEFCE 2011/07. This money is provided by the Department for Business, Innovation and Skills, and allocated by us according to principles laid out in our funding method. In doing this, we work to ensure value for money and that funds are used for the intended purposes.
This section provides information on:
finance and funding of higher education institutions (HEIs) and activities in England
Accountability: creating a new relationship
We are working to reduce the amount of bureaucracy and regulation that result from the public funding of HEIs. More information is available.
Last updated 17 March 2011