UK Government Support Package for Research
29 Jun 2020
The UK Government announced on 27 June 2020 a package to support universities to continue research and innovation activities. The key points are as follows:
- Around £280 million government funding will be made available to universities and research organisations impacted by coronavirus for grant extensions. This funding includes supporting researchers’ salaries and other research costs such as laboratory equipment and fieldwork. UKRI will contact universities and research organisations with details of their grant extension allocation shortly.
- From the Autumn, the UK Government will provide a package of support to research-active universities, consisting of low-interest loans with long pay-back periods, supplemented by a small amount of government grant. The government will cover up to 80% of a university’s income losses from international students for the academic year 2020-21, up to the value of non-publicly funded research activity in that university.
Further details can be found on the UK Government website.