Squeeze of 5.8% for FE

May 24, 1996

Details of almost Pounds 3 billion of funding allocations for 1996/97 released this week show a revenue increase of 3.4 per cent over last year, according to the Further Education Funding Council.

However, a 30 per cent cut to capital spending reduces the overall increase to 1.6 per cent. Forty-four per cent of the 400 institutions who applied got at least 1.6 per cent. A further 20 per cent will get increases up to 1.6 per cent.

Colleges at the top of the scale include Halton College, which will show a rise of almost 18 per cent in funding having rapidly outperformed its targets for several years in a row; East Durham Community College, gaining 13.4 per cent and People's College Nottingham with 12.5 per cent more funds. Some 36 per cent of colleges will struggle with reduced funding, reflecting a failure to reach target student numbers. They are also penalised for maintaining relatively high average levels of funding.

At the bottom of the pile are North Tyneside College, down 10 per cent on last year; Merton Sixth Form College, also down 10 per cent and Cleveland Tertiary College dropping by 7.4 per cent.

Government funding available for distribution to colleges assumes that the FE sector will make efficiency savings of 5.8 per cent next year Q more than expected because student numbers are up and capital funding down Pounds 49.3 million.

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments

Have your say

Log in or register to post comments

Most Commented

James Fryer illustration (27 July 2017)

It is not Luddism to be cautious about destroying an academic publishing industry that has served us well, says Marilyn Deegan

Jeffrey Beall, associate professor and librarian at the University of Colorado Denver

Creator of controversial predatory journals blacklist says some peers are failing to warn of dangers of disreputable publishers

Hand squeezing stress ball
Working 55 hours per week, the loss of research periods, slashed pensions, increased bureaucracy, tiny budgets and declining standards have finally forced Michael Edwards out
Kayaker and jet skiiers

Nazima Kadir’s social circle reveals a range of alternative careers for would-be scholars, and often with better rewards than academia

hole in ground

‘Drastic action’ required to fix multibillion-pound shortfall in Universities Superannuation Scheme, expert warns