HEFCE Recurrent Grants 2007-08 Report Issued March 2007
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FACT SHEET: Recurrent Grants for 2007-08 Source: HEFCE March 2007 Provisional allocations of recurrent funding for the academic year 2007-08 • HEFCE have provided a 5.3% recurrent funding increase compared with the previous year to all institutions in the UK • All London Higher members have achieved a 9.5% funding increase (min=1.7; max=88.4) which can be divided as follows; ⇨ a 5.2%increase for London Higher member universities (min=1.7; max=9.6), compared with 5.7% for all UK universities ⇨ a 13.0% increase for London Higher member specialist colleges and institutions (excl. FE colleges) (min= 1.7, max= 88.4), compared with a 11.7% increase for all UK specialist colleges and institutions London Higher members have received a substantial proportion in several funding categories (see chart) Percentages of different funding categories obtained by London Higher members compared with other regions 40% y r o 29% g 30% e cat 24% n 22% ng i 20% ndi u f E 14% FC E H 10% of % 0% Total teaching funding Total research funding Total recurrent grants High cost and vulnerable subjects Source: HEFCE “Recurrent Grants for 2007-08, Ref. March 2007/06, Core Funding/operations Allocation of Funds” Note: Figures for the Open University in London are not included as these are not available in the HEFCE data Page 1 of 4 London Higher May 2007 Summary of Funding for 2007/08: All figures in £ Total HEFCE Total teaching Total recurrent grant London Higher Member research funding 2007-08 funding University* Birkbeck, University of London 23,470,758 9,754,111 33,224,869 Brunel University 35,669,860 8,576,951 44,246,811 City University 25,213,581 6,483,930 31,697,511 Goldsmiths, University of London 16,820,332 8,489,023 25,309,355 Imperial College London 54,562,880 91,800,084 146,362,964 King's College London 71,362,620 58,400,837 129,763,457 Kingston University London 62,892,469 1,332,048 64,224,517 London Metropolitan University 67,899,660 787,574 68,687,234 London South Bank University 40,994,245 1,482,732 42,476,977 Middlesex University 45,099,849 1,957,366 47,057,215 Queen Mary, University of London 55,709,456 24,247,871 79,957,327 Roehampton University 20,372,925 1,244,844 21,617,769 Royal Holloway, University of London 19,897,159 14,305,785 34,202,944 Thames Valley University 33,087,204 104,212 33,191,416 University College London 64,475,717 101,333,187 165,808,904 University of East London 40,786,898 1,626,390 42,413,288 University of Greenwich 56,079,557 1,656,989 57,736,546 University of Westminster 56,572,806 2,173,675 58,746,481 Specialist Institution* The Institute of Cancer Research 879,296 16,214,047 17,093,343 The Central School of Speech and Drama 4,888,028 0 4,888,028 Courtauld Institute of Art 1,027,786 1,345,576 2,373,362 Conservatoire for Dance and Drama 10,235,780 0 10,235,780 Institute of Education 5,314,773 8,453,805 13,768,578 Guildhall School of Music & Drama 1,570,114 0 1,570,114 Heythrop College, University of London 996,862 0 996,862 London Business School 763,747 4,719,500 5,483,247 London School of Hygiene & Tropical Medicine 3,827,778 10,431,759 14,259,537 School of Oriental and African Studies 6,980,639 6,822,207 13,802,846 The School of Pharmacy 4,231,133 2,978,663 7,209,796 Ravensbourne College of Design and 6,622,505 0 6,622,505 Communication Rose Bruford College 3,847,857 0 3,847,857 Royal Academy of Music 4,114,923 306,567 4,421,490 Royal College of Art 11,066,540 2,825,735 13,892,275 Royal College of Music 4,364,738 356,160 4,720,898 The Royal Veterinary College 20,032,725 4,592,256 24,624,981 St George's, University of London 18,739,122 7,476,315 26,215,437 St Mary's University College, Twickenham 7,684,757 80,518 7,765,275 Trinity Laban 7,534,991 0 7,534,991 University of the Arts London 50,653,074 9,695,546 60,348,620 University of London 1,505,779 315,470 1,821,249 Total £967,850,923 £412,371,733 £1,380,222,656 * HEFCE classification Source: HEFCE “Recurrent Grants for 2007-08, Ref. March 2007/06, Core Funding/operations Allocation of Funds” Note: Figures for the Open University in London are not included as these are not available in the HEFCE data Page 2 of 4 London Higher May 2007 Change in Total Recurrent Grant from 2006/07 to 2007/08 Birkbeck University of London Brunel University City University Conservatoire for Dance and Drama Courtauld Institute of Art Goldsmiths, University of London Guildhall School of Music & Drama Heythrop College, University of London Imperial College London Institute of Education King's College London Kingston University London London Business School London Metropolitan University London School of Hygiene & Tropical Medicine London South Bank University Middlesex University Queen Mary, University of London Ravensbourne College of Design and Communication HEFCE provisional allocations include Roehampton University institutions new to the funding regime and Rose Bruford College also significant increases for growth in Royal Academy of Music student numbers at some institutions. In Royal College of Art addition, some HEIs have benefited Royal College of Music significantly from the 33% increase to the Royal Holloway, University of London School of Oriental and African Studies total for the charity support fund between St George's, University of London 2006-07 and 2007-08 (from £135 million St Mary's University College, Twickenham to £180 million). Thames Valley University The Central School of Speech and Drama The Institute of Cancer Research The Royal Veterinary College The School of Pharmacy, University of London Trinity Laban University College London University of East London University of Greenwich University of London University of the Arts London University of Westminster 0% 20% 40% 60% 80% 100% % change in recurrent grant Source: HEFCE “Recurrent Grants for 2007-08, Ref. March 2007/06, Core Funding/operations Allocation of Funds” Note: Figures for the Open University in London are not included as these are not available in the HEFCE data Page 3 of 4 London Higher May 2007 Research and Teaching Grants 2007/08 Birkbeck University of London Brunel University City University Conservatoire for Dance and Drama Courtauld Institute of Art Goldsmiths, University of London Guildhall School of Music & Drama Heythrop College, University of London Imperial College London Institute of Education King's College London Kingston University London Business School London Metropolitan University London School of Hygiene & Tropical Medicine London South Bank University Middlesex University Queen Mary, University of London Ravensbourne College of Design and Communication Roehampton University Rose Bruford College Royal Academy of Music Royal College of Art Royal College of Music Total research funding Royal Holloway, University of London Total teaching funding School of Oriental and African Studies St George's, University of London St Mary's University College, Twickenham Thames Valley University The Central School of Speech and Drama The Institute of Cancer Research The Royal Veterinary College The School of Pharmacy Trinity Laban University College London University of East London University of Greenwich University of London University of the Arts London University of Westminster £0 £20,000,000 £40,000,000 £60,000,000 £80,000,000 £100,000,000 Total value (£) Source: HEFCE “Recurrent Grants for 2007-08, Ref. March 2007/06, Core Funding/operations Allocation of Funds” Note: Figures for the Open University in London are not included as these are not available in the HEFCE data Page 4 of 4 London Higher May 2007 .