Colleges in line for funding boost for teaching and student support
Colleges are to get extra cash for teaching and student support next year, new figures show.
Colleges are to get extra cash for teaching and student support next year, new figures show.
The Scottish Funding Council (SFC) has published its indicative funding allocations for the further and higher education sectors for the academic year 2017-18.
Colleges across Scotland will receive just under £554 million for day to day spending, with this including increased amounts for both teaching and student support.
The core teaching budget for 2017-18 is to rise by £10.2 million to stand at more than £413 million, while core student support is up £1.2 million, bringing the total to more than £107.4 million.
Capital funding for colleges is also being increased to £47.4 million, a rise of £5.2 million compared to the final 2016-17 outcome agreement funding allocations that were announced in May 2016.
Meanwhile, universities have had their teaching and research budgets for 2017-18 protected, according to the SFC.
The funding body said the overall budget for teaching is being maintained at £649.5 million, with £278.62 million allocated for research.
Under the proposals, which still have to be confirmed when the Scottish Government's Budget for next year is passed, universities will receive more than £1 billion to cover day to day spending in 2017-18, as well as almost £47.3 million of capital funding.
SFC interim chief executive John Kemp said: "In a difficult climate for public spending we are continuing to invest over £1.6 billion to make Scotland the best place in the world to learn, teach, research and innovate."