SFC invests around £1.6 billion in Scotland's colleges and universities for teaching and learning, research and other activities in support of Scottish Government priorities.
SFC's funding contributes towards the costs of learning and teaching, skills development, research, innovation and other costs such as staff, buildings and equipment in Scotland's 16 universities and three higher education institutions (collectively known as the university sector - see Universities and Higher Education institutions that we fund) and 25 colleges (see Colleges that we fund).
SFC also provides resources to enable colleges to offer Bursaries to students who are enrolled on non-advanced courses (courses that are up to, but not including, Higher National Certificate (HNC) level).
Outcome Agreements set out what colleges and universities plan to deliver in return for their funding from SFC. Their focus is on the contribution that the colleges and universities make towards improving life chances, supporting world-class research and creating sustainable economic growth for Scotland.
Go to Outcome Agreements.
Funding for students
For information on funding awarded directly to students, please visit the Student Awards Agency for Scotland website. See also Student support.