Investing in Scotland’s Colleges and Universities
25 May 2023
The Scottish Funding Council (SFC) has today (25 May) published final funding allocations for colleges and universities for academic year 2023-24.
In the context of a tight fiscal environment, SFC has maintained investment in front line teaching and research, securing opportunities for Scottish domiciled students to study and gain lifelong skills at college or university; and ensuring that excellent research will continue to be delivered across all of Scotland’s universities.
An uplift of £5.5m in our University Innovation Fund will support the diffusion of knowledge and build real and tangible impact from Scotland’s excellent research base, aligning with Scottish Government’s ambitions for economic prosperity, health and wellbeing, and the just transition to net zero; while an uplift of £7.7m in college capital funding will support both the ongoing development of the Dunfermline Learning Campus and investment in the college estate across the country.
Full details of the college funding allocations 2023-24
Full details of the university funding allocations 2023-24