Further Education: Finance

Business, Innovation and Skills written question – answered on 21st July 2010.

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Photo of Esther McVey Esther McVey Conservative, Wirral West

To ask the Secretary of State for Business, Innovation and Skills how many capital building projects in further education colleges have been funded by the Higher Education Funding Council for England in each of the last five years; and how much was allocated to each project.

Photo of David Willetts David Willetts Minister of State (Universities and Science)

The Higher Education Funding Council for England (HEFCE) allocates capital funding to those Further Education (FE) colleges that it funds directly on a formula basis. The amount awarded is based on the number of students on higher education courses at each institution. It does not fund specific projects, rather it is for each college subject to audit to decide how to deploy the resources they are given. This is the same basis as for higher education institutions. The tables give the amount of resource awarded to each directly funded college in the last five years. Copies will be placed in the Libraries of the House.

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