Magazine article The Times Higher Education Supplement : THE

Capital Funds Follow Places to FE Colleges

Magazine article The Times Higher Education Supplement : THE

Capital Funds Follow Places to FE Colleges

Article excerpt

Some capital funding for universities is being reallocated to further education colleges as a result of the government's core-and-margin system.

Sir Alan Langlands, chief executive of the Higher Education Funding Council for England, detailed a small "transfer of funding" in his report to an 8 March meeting of Hefce's board, which was recently published for the first time.

The core-and-margin system shifts student places to further education colleges and to universities that charge average tuition fees of Pounds 7,500 or less. For 2012-13, colleges have won 10,354 places from a pool of about 20,000 margin places formed mainly by deducting them from universities. Of the 155 further education colleges to win places, 65 are institutions that were not previously funded by Hefce.

The system has been criticised for transferring an unknown number of places away from honours degree-level qualifications to lower-level ones at further education colleges.

In his report, Sir Alan outlines developments in Hefce's Teaching Capital Investment Fund (TCIF).

After Hefce received its annual grant letter from the government in January, its board agreed to increase TCIF funding for 2012-13 from Pounds 49 million to Pounds 52. …

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