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Overview
Total funding for higher education institutions in Wales in 2004-5 will increase
by 3.4% compared with 2003-4. All higher education institutions will receive
an increase at or above the forecast rate of inflation, with the exception
of the Centre for Advanced Welsh and Celtic Studies. While overall funding for teaching
will rise by 4.1%, total funding for research will be cut in real terms.
Teaching
The unit of teaching resource per student in Wales in 2004-5 will increase at
the rate of inflation, at just below 2.5%, compared with 2003-4.[1] In Welsh higher education institutions, funding for teaching in 2004-5 will
increase by 4.1%, compared with 2003-4 (Table 1). The Welsh Assembly Government
is planning an extra 550 funded full-time equivalent student places in
2004-5.
Research
The main funding grant for research, QR, is being cut in 2004-5 by 6.7% in cash
terms, compared with 2003-4 (Table 2). From 2004-5 HEFCW is only providing
QR funding for departments which received a 4, 5 or 5* rating in the 2001
Research Assessment Exercise. As a result, three institutions (North East Wales Institute of Higher Education, Swansea Institute of Higher Education
and Trinity College Carmarthen) will have all their QR funding cut in 2004-5. Other institutions face cuts of
up to 50% in cash terms. Only Cardiff University and University of Wales College of Medicine will be receiving
QR funding increases above the forecast rate of inflation.
HEFCW is providing £4.1 million in 2004-5 under the new Research Investment Fund.
This will be allocated to higher education institutions achieving a rating of 3a in the 2001 RAE, or 3b if the latter represents an improvement
on the 1996 RAE rating or a new rating in 2001.
Together, QR and RIF funding in 2004-5 equal QR funding for 2003-4. This implies
an overall real terms cut in research funding in Wales for 2004-5 of 2.5%.
Funding for postgraduate research training in Welsh higher education institutions
will increase by 1.5%, which is below the forecast rate of inflation.
Table 1 - Welsh higher education institutions, total funding 2004-5
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Institution
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Total funding
2004-5
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Percentage change in
total funding
2003-4 to 2004-5
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£
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%
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University of Glamorgan
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40,661,972
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2.73%
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University of Wales, Aberystwyth
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28,990,430
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2.46%
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University of Wales, Bangor
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29,317,288
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2.46%
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Cardiff University
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75,551,572
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3.73%
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University of Wales, Lampeter
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5,491,884
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2.46%
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University of Wales Swansea(2)
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32,737,689
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2.46%
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University of Wales College of Medicine
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19,697,258
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9.27%
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University of Wales Institute, Cardiff
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23,612,944
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3.66%
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University of Wales College, Newport
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17,036,484
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2.51%
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North East Wales Institute of Higher Education
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13,517,689
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2.81%
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Swansea Institute of Higher Education(2)
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13,227,392
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4.75%
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Trinity College Carmarthen
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5,132,288
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2.46%
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Royal Welsh College of Music and Drama
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4,910,043
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3.09%
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Centre for Advanced Welsh and Celtic Studies
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235,392
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0.89%
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Total (1)
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310,120,325
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3.43%
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(1) Totals may not sum exactly due to rounding
(2) 2003/04 fugures have been adjusted to take account of transfers of provision
between UWS and SIHE in 2004/05 so that a comparison can be made.
Table 2 – Welsh higher education institutions, QR funding 2004-5
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Institution
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QR percentage change
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University of Glamorgan
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-49.2%
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University of Wales, Aberystwyth
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-23.7%
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University of Wales, Bangor
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-6.2%
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Cardiff University
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4.0%
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University of Wales, Lampeter
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-6.9%
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University of Wales Swansea(2)
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-18.6%
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University of Wales College of Medicine
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4.6%
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University of Wales Institute, Cardiff
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-26.2%
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University of Wales College, Newport
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-33.7%
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North East Wales Institute of Higher Education
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-100.0%
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Swansea Institute of Higher Education(2)
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-100.0%
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Trinity College Carmarthen
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-100.0%
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Royal Welsh College of Music and Drama
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N/a
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Centre for Advanced Welsh and Celtic Studies
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0.9%
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Total (1)
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-6.7%
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(1) Totals may not sum exactly due to rounding
(2) 2003/04 fugures have been adjusted to take account of transfers of provision
between UWS and SIHE in 2004/05 so that a comparison can be made.
[1] Inflation is forecast to increase in 2004-5 by 2.31% on the previous year, according
to HM Treasury on 29.3.04 – see: http://www.hm-treasury.gov.uk/economic_data_and_tools/gdp_deflators/data_gdp_fig.cfm
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