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| Friday, 2 March, 2001, 14:49 GMT Universities get funding details ![]() Universities will receive an increase in funding this year Universities in England have been told how much money they will have in the next academic year for teaching and research. They have been given their allocations of �4.75bn total funding announced last year.
The details come from the Higher Education Funding Council (Hefce), which said it was the first time in years that universities would have an increase in real terms. The rise will fund tens of thousands of extra university places - part of the government's drive to increase access to higher education.
The chief executive of Hefce, Sir Brian Fender, said: "However you look at this, it is a good year, with more funding than has been given out in living memory". The money will fund an extra 52,700 full and part-time places. By 2010, the government wants half of all under 30s to have the opportunity to go to university. It also aims to increase the number of people in higher education from low-income families. Poorer students A fund aimed at boosting the number of people from poorer backgrounds attending university is being increased from �36m to �47m. The bulk of the money - �3.6bn - is allocated to teaching, while �888m will go on research. The funding council said �80m was being set aside for improving staff pay - a commitment which has been welcomed by teaching unions. Welcome The Association of University Teachers says it is pleased by the announcement. The union's General Secretary, David Triesman, said: "I hope that higher education funding has at last turned the corner and that we will see increased investment throughout the next period of the comprehensive spending review." But the union said that 30 institutions faced a real terms cut in recurrent income from the funding council for the year ahead because they had failed to attract enough students. David Triesman said: "I am concerned that university staff will pay the price of poorly managed student expansion where targets have been missed. "Growth in student numbers requires careful financial planning and cannot be met by cutbacks or reductions in staff pay or conditions." Record numbers Hefce's Chief Executive, Sir Brian Fender, said some universities were having to work hard to fill all their places. A spokeswoman for the Department for Education and Employment said there was a record number of students in higher education. She said: "Popular courses are expanding and universities will receive, for the first time in 10 years, increased funding per student in the next academic year". The table below shows the distribution of funds for teaching and research among English universities:
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