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22 March 2006

HEFCE review of teaching funding: the next stage

As part of its review of the way teaching is funded, HEFCE has published the responses to its first consultation on proposed changes to the funding method (HEFCE 2006/12), with an overview of the decisions reached so far by the HEFCE Board and next steps.

The approach to the review is designed to ensure stability in funding for the short to medium term, while recognising the need for immediate change in some areas and the possibility of further change in future. It will also allow time for further exploration of key concerns raised by higher education institutions, before consultation on more detailed proposals early in 2007.