Universities in Wales see increased funding despite marked reduction in public funding

By Martin Shipton. New figures published today show Welsh universities have seen their overall funding settlements increase Share on print Share on email.
Universities in Wales have seen their overall funding settlements increase despite a marked reduction in public funding. A change in the way higher education is funded sees students themselves offset reductions to core university budgets by paying up to £9,000 for their courses. Money is allocated by the Higher Education Funding Council for Wales (Hefcw) on the basis that universities deliver on specific government priorities and teach certain subjects. But fees paid by students over and above the old £3,575 rate – the maximum universities can charge is £9,000 – go direct to universities themselves. Read more...