SFC news published since 2018. See SFC archived content for earlier news articles.
Photos: University of Aberdeen, University of Glasgow, University of St. Andrews
The Scottish Funding Council (SFC) has today published indicative funding allocations for Scotland’s universities.
SFC has increased investment in university research and innovation and has allocated funds in a way that maintains the investment in teaching for Scottish students. As planned, today’s announcement also confirms the removal of 1,289 temporary places that were made available in 2020-21 to support additional learners through the Covid-19 period. These learners will be graduating at the end of this academic year. The removal of these places does not impact on opportunities for Scottish students because there are more funded places available now than before the Covid period, mainly due to EU students no longer being funded but the places remaining in the system and still being available for Scottish students.
However, this was a particularly challenging budget settlement for the university sector and there has been a reduction overall in the resource funding allocated, in line with the budget set by the Scottish Government.
Commenting on today’s announcement, SFC Chief Executive Karen Watt said:
“This has been a particularly challenging funding round. While we recognise that universities are operating in a difficult financial environment, managing a range of different pressures, the funding package we are announcing today will ensure that more opportunities are available for Scottish students than pre-Covid. We are also increasing investment in university research and innovation given its vital importance to new discoveries and making research useful for social and economic benefit.”
Full details of the allocations are available on SFC’s website.
