Grant letter 2001
Over the past year the Government has provided £14m
of the £62m allocated at the last spending review for the
start up and capital costs of the e-Universities project up to
2003-04.
For the remaining two years of this funding I recognise that the
Council's involvement in the project will be primarily through
channelling funds through the e-Learning Holding Company to then
pass on to the main vehicle for delivery, UK eUniversities Worldwide
Ltd. The Council should ensure effective mechanisms are in place
to secure value for money and fulfilment of the aims and objectives
for which the project was originally set up. In particular:
- securing the viability of eUniversities
as a self-financing business; and
- ensuring that the social inclusion agenda remains
a priority, primarily through the development of undergraduate
courses to reach those in this country who find it difficult to
access the more traditional campus-based university.
I ask the Council to provide me with a progress report
on this innovative project by the end of July 2002.
Grant letter 2003
E-Universities. 2003-04
represents the final year of the £62 million committed to
the eUniversities project, comprising £13 million in capital
funding and £14 million recurrent. I continue to look to
the Council to ensure effective mechanisms are in place to secure
value for money and fulfilment of the aims and objectives for
which the project was originally set up and to keep me closely
informed on progress.