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.
In the HEFCW remit letter for 2018-19, specific provision was made for Capital funding over the next 3 years. This circular provides the available Capital for allocation in 2019-20.
HEFCW provides funding for a wide range of purposes. These are outlined in the annual Funding Allocations publication, the most recent being Funding Allocations 2019/20.