For the academic year 2018-19, we allocated funding to 315 higher education providers.
In May 2018 we announced these funding allocations, which total £1,538 million.
We have calculated teaching and capital funding using:
These documents describe how we have calculated our funding for 2018-19.
Our funding streams
The majority of our funding for 2018-19 (£1,290 million) was allocated as recurrent teaching grant.
Our ‘Guide to funding’ provides further detail on these funding streams.
Recurrent grant: high-cost subject funding
This funding totals £681 million for 2018-19 and is provided to help support the extra costs associated with teaching particular subjects.
Some subjects need particular facilities or equipment to teach and so are more expensive than other subjects which are classroom based.
Recurrent grant: targeted allocations
These total £549 million for 2018-19. Our targeted allocations are provided to support important or vulnerable features of higher education, and reflect policy areas highlighted by the government as important.
For example, we have distributed £72 million to providers to support successful outcomes for part-time undergraduates.
A full list of our targeted allocations is in our ‘Guide to funding’.
Other funding streams
- National Collaborative Outreach Programme
The recurrent teaching grant total also includes £60 million for the National Collaborative Outreach Programme.
- National facilities and regulatory initiatives
For 2018-19, this totals £51 million. This is used to secure change or fund activities that can’t be addressed through our funding to providers
- Knowledge exchange funding
For 2018-19, this totals £47 million. This funding comes from our teaching grant budget, but it is administered by Research England according to a method agreed with us.
The funds support the contribution higher education makes to the economy and society.
- Capital funding for teaching
For 2018-19, this totals £150 million. Further information on capital funding can be found in our capital funding pages.