Board meeting – 12 February 2026
The 159th meeting of the Scottish Funding Council
Date: Thursday 12 February 2026
Time: 09:45 – 15:15
Venue: Boardroom, Apex 1, 97 Haymarket Terrace, Edinburgh EH12 5HF
Agenda
Private Session of the Board
- Private Session of Board – Verbal (Cara Aitchison) / To discuss
Scottish Government Ministerial Priorities
- Scottish Ministerial Priorities – Verbal (Minister Ben Macpherson) / To discuss
General Business
- Declarations of Interest – Verbal (Cara Aitchison) / To note
- Minute of the meeting held 11 December 2025 and Board Action Log – SFC (2026) 001 (Cara Aitchison) / To approve
- Chair’s Report and Chief Executive’s Report – SFC (2026) 002 (Cara Aitchison/ Francesca Osowska) / To note
Strategy and Transformation
- Transformation – SFC (2026) 003 (Francesca Osowska) / To discuss
Financial Stewardship
- Draft Scottish Government Budget FY 2026–27 – SFC (2026) 004 (Tiffany Ritchie) / To discuss
- Funding Allocations AY 2026–27 – SFC (2026) 005 (Helen Cross) / To discuss
- High Engagement Institutions – SFC (2026) 006 (Jacqui Brasted) / To discuss
- Future Funding: Royal Society of Edinburgh – SFC (2026) 007 (Helen Cross) / To approve
Monitoring and Performance
- Performance Report – SFC (2026) 008 (Louisa Baker) / To approve
- Annual Review of Risk Management Framework: Risk Appetite and Tolerance – SFC (2026) 009
(Louisa Baker) / To approve
Corporate Governance
- Draft Revised Scheme of Delegation – SFC (2026) 010 (Louisa Baker) / To approve
- Review of SFC Committees – SFC (2026) 011 (Louisa Baker) / To approve
Any other Business
- Any other business – Verbal (Cara Aitchison) / To note
Items to note (not intended for discussion)
- SFC Board Long Term Agenda – SFC (2026) 012 (Louisa Baker) / To note
Dates of Future Meetings:
Thursday 19 March 2026
Thursday 14 May 2026
Thursday 25 June 2026
Thursday 24 September 2026
Wednesday 18/ Thursday 19 November (Board Strategy Event)
Thursday 10 December 2026
SFC Strategic Plan 2022-27
Building a connected, agile, sustainable tertiary education and research system for Scotland.