Response to SHEFC funding announcement
The Scottish Higher Education Funding Council has announced allocations of £672M for 2001/02 to Scottish higher education institutions in a funding settlement which supports widening access, develops Scotland’s knowledge base and boosts research infrastructure.
Commenting on the University of St Andrews’ 5.1% funding increase to £30,923,000, Dr Brian Lang, Principal and Vice-Chancellor said, “After a period in which the funding council has effectively cut the core levels of funding for teaching and research, the University is pleased to receive an increase of funding for 2001/02 which is demonstrably above the level of inflation. In particular, the University welcomes the funding council’s investment in wider access, provision for disabled students and science research infrastructure. It will of course be next year when the University will expect to see a more significant change in its level of resource in consequence of its success in the 2001 Research Assessment Exercise.”