In 2010-11 only 25 (19% of) higher education institutions in England will receive a real terms funding rise (above the forecast level of inflation).
More than a quarter (37 institutions) will have a real terms cut (a cash increase below the level of inflation) and over half (69 institutions) face a cash cut.
The worst affected institutions [...]
In the latest ‘grant letter’ from business secretary, Lord Mandelson, to the Higher Education Funding Council for England (HEFCE) chairman, Tim Melville-Ross, the government said it was reducing HEFCE’s grant by 6.6%, including additional cuts of £135m to ones previously announced. For the first time in a decade the unit of public spending per student [...]