HEFCE RESEARCH FUNDING
1. In 2004-05 HEFCE distributed £1,081
million of grant for research to HEIs in England within the overall
block grant. The great majority of this was distributed as quality
weighted "QR" grant, allocated by reference to
Institutions' quality ratings for
research in 68 subject units of assessment (UOA) in the 2001 Research
Assessment Exercise (RAE).
A composite measure of research volume
including eligible staff submitted for assessment in 2001; and
annually updated figures for numbers of research assistants, research
fellows and research students, and research income from UK based
charities, in units counted for funding.
Cost weightings for academic subjects,
in three bands, based upon the pattern of actual observed expenditure.
The amount of funding to be allocated in relation to each UOA
is calculated by reference to these weights and to the volume
of eligible research returned in the UOA.
2. An element within the QR grant (some
£75 million) is allocated to support the costs of providing
for students undertaking postgraduate degree programmes. In the
context of our policy for a closer link between funding for these
programmes and the quality of provision, the Council will be changing
the way in which this element is calculated, and also taking research
student numbers out of the general volume measure above, with
effect from 2005-06.
3. QR grant is now allocated by reference
only to units rated 4 or above in the 2001 RAE, except for some
£17.5 million of "research capability" grant to
units rated 3b and 3a in seven subject units of assessment and
a small sum allocated in relation to postgraduate research students
in units rated 3a (we are phasing this out).