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Our funding methods

Most of our funding is distributed as block grants to institutions, allocated by formula. These take account of various factors, including recruitment in academic subject categories, mode and level, and the amount of high quality research undertaken in the institution.

We operate four funding methods:

Part time and postgraduate taught teaching funding method

Public Investment Fund - Full time Undergraduate and PGCE Funding 2012/13

 Research Funding Method - QR

Postgraduate Research (PGR) Funding Method

Capital Funding

We receive capital funding each year from the Welsh Government to support the learning and teaching and IT infrastructure, and the research infrastructure in the higher education sector.

Capital Research Funding 2012-13

Special Funding

HEFCW provides funding for a wide range of purposes. These are outlined in the annual Funding Allocations publication, the most recent being Funding Allocations 2011/12.

Funding Allocations 2011/12

Special Funding includes:

Learning and Teaching Fund

Third Mission Fund

Widening Access Fund

Welsh Medium Provision Fund

Reconfiguration and Collaboration Fund

Strategic Development Fund

Initial Teacher Training Strategic Fund (ITT Strategic Funding)

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