SFC news published since 2018. See SFC archived content for earlier news articles.
Photos: UHI Perth, Forth Valley College, Dundee and Angus College
The Scottish Funding Council (SFC) has today published indicative funding allocations for Scotland’s colleges for Academic Year 2024-25.
Today’s announcement is set within the context of a particularly challenging budget settlement for further and higher education. SFC has worked closely with sector representatives to secure a flat cash core teaching budget, committing to invest £509m to support learners across Scotland’s 24 colleges. The announcement also provides colleges with details on their student support allocations, providing vital support for students to complete their studies, and on capital budgets, enabling colleges to maintain and invest in their estates and digital infrastructure.
Commenting on today’s announcement, SFC Chief Executive Karen Watt said:
“We make these early allocations so that colleges have planning assumptions to support them in their decision making. We know colleges face challenges from a constrained public sector funding environment and rising costs. Our indicative funding allocations will enable them to plan for the forthcoming academic year, providing vital opportunities for learners and playing a key role in delivering the skills Scotland needs.”
Full details of the allocations are available on SFC’s website.
