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Scottish Funding Council Funding of colleges in Scotland

Scottish Funding Council Funding of colleges in Scotland. May 2011. The Scottish Funding Council.

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Scottish Funding Council Funding of colleges in Scotland

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  1. Scottish Funding CouncilFunding of colleges in Scotland May 2011

  2. The Scottish Funding Council The Scottish Funding Council (SFC) is a non-departmental public body responsible to – but operating at arms length from – the Scottish Government. It distributes more than £1.6 billion of public funds annually to 41 colleges and 20 higher education institutions (HEIs)

  3. Grant-In-Aid Ministerial guidance (Scottish Government Grant allocated to HEIs and colleges via Main Grant Letter Consultation with sector Council SFC Corporate Plan Committees and advisory groups Ministerial guidance, Corporate Plan and funding decisions

  4. Scottish Government funds to SFC • 3-year budgets set by Scottish Government in Spending Review • SFC provides advice to Scottish Government for Spending Review • SFC receives funds in financial years (April to March) and allocates funds on academic years (August to July)

  5. SFC allocations to colleges AY 2010-11: £580.8m

  6. Purpose of our teaching funding • Contributing to the direct and indirect cost of providing learning and teaching • Funding academic, administrative, technical and support staff • Funding facilities, accommodation, equipment and materials

  7. Teaching allocation to 42 colleges

  8. How we allocate college teaching grant • Formula used: • Price x volume • Colleges undertake to deliver a specified volume of activity (measured in weighted SUMs) • Additional premiums for: • Widening access and social inclusion • Rural and remote students • Achievement

  9. Additional Premiums – Sector Average

  10. Additional Premiums – Island College

  11. Additional Premiums – Urban College

  12. Initial fee waiver • £56 million in 2010-11 • Colleges use grant to waive fees for: • Full-time non-advanced students • Part-time advanced and non-advanced (means tested basis) • Pay up front estimate and final amount once final statistics available (if resources are available).

  13. Targeted investment in colleges • PACE (£2m/£5m) • Economic downturn (£28.1m - £7.7m/£8.4m) • ESOL (£1.7m)

  14. Purpose of our student support funding • The FE bursary fund - maintenance costs for full-time students and their dependants, travel, student and additional support expenses • The FE discretionary fund – emergency and hardship purposes • The FE childcare fund –prioritised to meet the needs of mature students, lone parents and part time students.

  15. How we allocate college student support grants • Bursary – based on previous spend, growth and increases to rates and scales • FE discretionary fund – activity, headcount and deprivation rates • FE childcare fund – activity, part time headcount and deprivation rates • Maximise flexibility by allowing movement between funds and the in-year redistribution process

  16. AY 2011-12 – main changes to college funding Indicative letter • Budget reduction for teaching • Re-focus school/college programme • Student support budget maintained Final allocation • Additional funding growth • Additional student support funds

  17. For FY 2011-12 College and University capital budgets have been combined. • For FY 2010-11, the combined capital budget was £192.7m, for FY 2011-12, the combined capital budget is £91m.

  18. College governance • Financial Memorandum • Role of governing bodies • Accountable officer • Conditions of Grant

  19. Future Issues • Further pressure on budgets? • Changes to funding methodologies

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