King's College London newsletter
Recurrent Grant and student numbers for the academic year 1992/3 Da7Jid Ball, Deputy Secretary (Planning and Resources), explains the background to the UFC's funding announcement for 1992/93, and describes how King's has fared. You will have noticed from recent Press announcements that the Universities Funding Council has recently issued a circular letter giving details of recurrent grant and funded student numbers for each university for the academic year] 992/93. In this respect r thought it might be helpful if I gave a little more background information to the announcement and in particular highlighted how the College fared in the distribution process.
Teaching (T) The total funded numbers for] 992/93 are almost 322,000. This represents in aggregate the number funded in 199]/92 plus a further 18,000 funded student numbers. The College's total funded number for] 992/93 is 5,467, representing an increase of ] 19 over the 1991/92 baseline.
process. But one should bear in mind that the increases refer only to changes in resource compared to this year's allocation; there is nothing absolute about the figures. If league tables are to become the norm then it would be more appropriate to consider aggregate resource increases over a period of years, not simply year-on-year. However, for the record, the percentage increases in teaching resource range from a 32% increase at Keele, followed closely by Swansea (29%) and Essex (26%), to 3% at Aston and York. London University received a teaching resource increase of 6% over 1991/92: very close to the national average (5.9%). King's received an increase of 4.5%, which undoubtedly reflects the fact that our overall percentage of fees-only students in 1991/92 (12%) was considerably smaller than the national average of nearly 19%.
Research (R) In calculating units of teaching resource the UFC has in general applied an efficiency gain of 1.5% compared with 1991/92 (0.5% in Clinical Medicine and Dentistry). Units of teaching resource have therefore been increased by the GDP deflator of 4.5% less the applied efficiency gains. The tuition fees incorporated into the Council's calculations have, in line with the Government's recent announcement, been increased by 4.5% over 1991/92 levels. The Press has been keen to draw up 'league tables' comparing the successes of different universities in the resource allocation
The UFC has substantially increased the funds available for distribution for research. The total increase is over 11 % before the transfer of certain funds to the Science vote (although it should be borne in mind that, after allowing for the increase in VAT and other special factors, the increase is actually only 8.4%). To take account of the shift in the boundary of the dual support system, ÂŁ87 million has been deducted from the R baseline and transferred to the Research Councils. This is the first step in the two-year programme of phased withdrawal of Funding Council
The Strategic Plan 1991/92 to 1999/2000 Copies of the King's Slategic Plan have been despatched to all departments using the usual Comment mailing system. If you have not received a copy, or would like further copies, please contact the Press and Publications Office at Cornwall House, on ext 3202.
support for Research Council-sponsored work. In determining university grants the UFC has assumed that this deduction will be recovered through grants from Research Councils and therefore the financial effect on individual universities is neutral. How true this will turn out to be for King's in particular will depend very much on how well we do in securing Research Council grants in future. In addition to the transfer of funds to Research Councils, the UFC has further increased its selective allocation of resources for research in two ways. First, the phased shift in the ratio of funds for JR and SR has been accelerated, so that the average ratio for 1992/93 has been increased to 2:1 (a target that had originally been set for 1994/95). Secondly, for the purposes of grant distribution the multiplier used in the J R calculations is no longer J but U- 0.5). Again, recent Press announcements have indicated a league table of so-called 'R' institutions. Top of the range is the London Business School with a 28% increase in R resource above 1991/92, followed by Cambridge and Oxford (19% and 18%) and Edinburgh, Warwick and Essex (17%). Bottom of the range is St David's Lampeter (1 %), with Aston and Keele at 2% doing marginally better.