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Universities Face Funding Cuts of 12%
Universities Face Funding Cuts of 12%
13th March 2011
Universities in England are facing cuts of up to 12% - before funding changes linked to student fees come in, according to figures from their funding body reported by the BBC.
Teaching and research funding is falling on average by 4%, while capital spending is more than halved. Universities that focus on research do best, while newer ones which do more teaching fare worse.
England's 130 universities are learning how much they are being allocated in direct government funding, which is given through the Higher Education Funding Council for England (Hefce).
Overall, the grant for teaching has been cut by more than 8% and that for research by nearly 3% compared with last year. Capital spending is down by 58%.
Taking into account some special funding programmes which are ending, and the end of the one-year University Modernisation Fund, this brings the total to a 12.6% cut.
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