UKCGE Chair reviews HEFCE QR
UKCGE Chair reviews HEFCE QR
UKCGE now provides the analysis on how the new HEFCE funding formula has affected the RDP allocation for HEI’s in 2014/15 compared to 2011/12. The report that has been pulled together by Professor Fuller, Head of the Graduate School at Plymouth University identifies where a £34M allocation change has appeared.
Professor Fuller said,
“In 2012 following a mandate to HEFCE to further better reward quality in the Qr funding calculations, a nationwide consultation on revising the methodology for RDP Qr (the HEFCE component of research supervision funding for Home/EU students) was undertaken. The UKCGE provided its members with an analysis of the consequences of the initial proposals and this contributed to a wide scale rejection by the sector of the proposals. HEFCE concluded that it did not have a mandate for implementing the proposed change to the algorithm but was required to come up with a compromise methodology.”
“Analysis of the data between the 2011/12 and 2014/15 allocations clearly shows that there were winners and losers in the new formulaic RDP allocations. The extra £34M has ended up in just 20 institutions, so those that already had the greatest allocation of RDP also gained most from the change in formula funding.”
“The extra £34M has ended up in just 20 institutions, so those that already had the greatest allocation of RDP also gained most from the change in formula funding.”
“The change in the formula funding method also meant that around £7M was removed from the bottom 56 HEI’s and redistributed to the institutions ranked 18th to 64th with the bottom 11 HEI’s losing an average of over £250K each and those ranked 21 to 30 gaining over £250K each.”
