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February 2011 | ref: Circular letter 04/2011
Dear Vice-Chancellor or Principal
1. This letter sets out decisions of the HEFCE Board in January 2011 on the method and total funding for Higher Education Innovation Funding (HEIF) for 2011-2015. It also provides the timetable for: consulting on the introduction of an external income threshold for HEIF allocations; making indicative and final allocations; and calling for and confirming institutional strategies. No action is required in response.
2. Our overarching policies for HEIF were set out in 'Higher Education Innovation Fund round 4: Invitation and guidance for institutional strategies' (HEFCE 2008/02).
3. The Government set out its view on reform of HEIF in the grant letter to the HEFCE chair dated 20 December 2010 and in the Government's allocation of science and research funding 2011-2015.
4. In December 2010 we sent 'Higher Education Innovation Funding (HEIF) 2011 to 2015 and Higher Education-Business and Community Interaction (HE-BCI) survey reminder' (HEFCE Electronic Publication 08/2010) to HEIs to draw their attention to the grant letter's statement on HEIF. It also reminded institutions of the deadlines for submitting data to the Higher Education Statistics Agency (HESA) for the 2009-10 Higher Education-Business and Community Interaction (HE-BCI) survey (because HE-BCI data are used in calculating HEIF allocations).
5. The Board agreed the following on the funding and method for HEIF for the period 2011-2015:
6. Funds should be released against an approved institutional strategy for knowledge exchange and plan for use of HEIF.
7. The Board agreed to consult on the proposal set out in the grant letter that we should move away from a minimum allocation (where all HEIs gained a minimum of £100,000 of HEIF) to an external income threshold allocation, whereby only HEIs that exceed a threshold through their performance metrics will receive an allocation. This addresses the Government's concern that only HEIs that can demonstrate the most effective performance should receive funding. As a result of such a move, some HEIs would receive no HEIF at all. The Board agreed that we should consult on this proposal in the context of providing indicative allocations to HEIs using external income earnings, generating, through the HEIF formula, an allocation of £250,000 or more as the threshold level. This will enable HEIs to see the effects of this proposal on institutional distribution of HEIF. The consultation will ask for views on other ways to demonstrate and measure effective use of funds, which could satisfy concerns of Government and be used in a low-burden formula.
8. The Board agreed the following outline timetable for making HEIF 2011-2015 allocations to HEIs:
9. If you have any queries about this letter contact Adrian Day at a.day@hefce.ac.uk or Alice Frost at a.frost@hefce.ac.uk.
Yours sincerely
Sir Alan Langlands
Chief Executive
Download the HEIF 2011-2015: Board decisions on method and funding as PDF (46 KB)
Enquiries should be directed to: | Adrian Day, tel 0117 931 7428, e-mail a.day@hefce.ac.uk or Alice Frost, tel 0117 931 7101, e-mail a.frost@hefce.ac.uk |
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