Board meeting – 20 March 2025
The 150th meeting of the Scottish Further and Higher Education Funding Council
Date: 20 March 2025
Time: 10:00 – 15:30
Venue: Boardroom, Apex 1
Agenda
General Business
- Welcome and Chair’s Business – Verbal (Mike Cantlay) / To note.
- Minute of the meeting held 13 February 2025 – SFC (2025) 016 (Mike Cantlay) / To approve.
- Board Action Log and Matters Arising – SFC (2025) 017 (Louisa Baker) / To note.
- Chair’s Report – SFC (2025) 018 (Mike Cantlay) To approve.
- Chief Executive’s Report SFC (2025) 019 (Francesca Osowska) / To note.
- Assurances about Outcomes (i) Outcome Framework and Assurance Model (ii) Financial Sustainability of Institutions – Presentation (Jacqui Brasted/ Richard Maconachie) To discuss.
Funding, Finance & Operations (Part 1)
- Additional Investment over £1million – SFC (2025) 020 (Richard Maconachie) / To approve.
- Indicative Funding for (i) Universities for AY 2025 26 (including Indicative Strategic and Infrastructure Investment Fund Allocations AY 2025 26) (ii) Colleges for AY 2025 26 – SFC (2025) 021 (Richard Maconachie) / To approve.
Funding, Finance & Operations (Part 2)
- SFC Running Costs 2025 26 – SFC (2025) 022 (Richard Maconachie) / To approve.
- Innovation Infrastructure: Interface and Converge – SFC (2025) 023 (Helen Cross) / To approve.
Research & Innovation
- Scottish University Research Health & Performance: Current Challenges and Proposed Actions – SFC (2025) 024 (Helen Cross) / To approve.
Reform
- Post Schools Education and Skills Reform Update: Tertiary Education and Training Bill – SFC (2025) 025 (Lynne Raeside) / To approve.
Corporate Governance & Planning
- Annual Review of Risk Management Framework – SFC (2025) 026 (Louisa Baker) / To approve.
- SFC: Development of Key Performance Indicators – SFC (2025) 027 (Louisa Baker) / To approve.
- SFC Delivery Plan 2025-27 – SFC (2025) 028 (Louisa Baker) / To approve.
- SFC Board and Committee Succession Planning – SFC (2025) 029 (Linda Hanna) / To discuss.
Any Other Business
- Any Other Business – Verbal (Mike Cantlay) / To note.
Items For Noting
- SFC Corporate Risk Register and Assurance Map – SFC (2025) 030 (Louisa Baker) / To note.
- Delegated Authority – SFC (2025) 031 (Richard Maconachie) / To note.
- Long Term Agenda and Dates of Future Meetings – SFC (2025) 032 (Louisa Baker) / To note.
- Audit & Risk Committee: Minute of the meeting held 1 November 2024 – SFC (2025) 033 (David Alexander) / To note.
- Finance Committee: Minute of the meeting held 3 December 2024 – SFC (2025) 034 (Lorna Jack) / To note.
- Finance Committee: Minute of the meeting held 31 January 2025 – SFC (2025) 035 (Lorna Jack) / To note.
Dates of future meetings
- Thursday 15 May 2025, via Teams.
- Thursday 19 June 2025, BE-ST Hamilton.
- Thursday 25 September 2025, via Teams.
- Thursday 20 and Friday 21 November 2025, venue TBC.
SFC Strategic Plan 2022-27
Building a connected, agile, sustainable tertiary education and research system for Scotland.