HEFCE today revealed to the public the funding allocations based on the 2008 Research Assessment Exercise. Thanks to a significantly improved result in the recent RAE, as well as an expansion of its research base since 2001, University of Lincoln…
HEFCE Announces RAE Funding Formula
After over a month of speculation in the HE sector, HEFCE have announced the formula they will use to determine how QR (Quality Related) research funding is distributed. QR is around £1.1bn per year and is allocated to universities on…