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 is being cut in real terms.
See more on the HEFCE website.
