SFC news published since 2018. See SFC archived content for earlier news articles.
Photos: Edinburgh College, UHI Perth, Glasgow Clyde College.
The Scottish Funding Council (SFC) has announced its indicative college funding allocations for the next academic year.
The announcement includes an uplift to teaching funding of over £13 million – a 2.6% increase from last year. The budget for capital maintenance, which helps to maintain and improve buildings and infrastructure, has been increased by almost 5%. Today’s indicative funding allocations also see the student support budget maintained at the same level as last year, despite the current pressures on the public purse.
Today’s announcement includes changes to SFC’s teaching funding allocation model to provide greater transparency and the ability to compare funding for students on similar courses.
Commenting on the announcement, SFC Chief Executive, Francesca Osowska, said:
“In a difficult financial environment we have worked hard to balance out sometimes competing priorities and put students’ learning at the forefront of our considerations. Changes announced today follow discussions with key groups within the sector and are accompanied by measures to mitigate any adverse impact on individual colleges.
“The announcement looks towards safeguarding college education in the long term as well as supporting next year’s college students by investing in the opportunities they deserve.”
A copy of the full announcement can be found on the SFC website.
