Further arts cuts as final university budgets unveiled
University of the Arts London faces an increased cut to its central Government funding, with the release of the finalised budgets from the Higher Education Funding Council for England.
The announcement of the final 2010-2011 budgets follows the release of provisional budgets in March.
The new figures show that UAL will have its annual budget cut by 5.8 per cent, to £60.4m, an increase on the 4.7 per cent cut announced in March.
The Royal College of Art faces a budget cut of 4 per cent to £11m. It has seen an increase of £22 034 on its grant since March, which is attributed ot the pro-rata reduction in the teaching grant being offset by an increase of core funding.
Meanwhile Ravensbourne, the University of Sussex and the University of Kent will all see increases to their annual grants. Ravensbourne’s grant is increased by 11.5 per cent to £8.1m, Sussex’s by 0.2 per cent to £49m, and Kent’s by 2.8 per cent to £62.5m.
Hefce says there has been a total funding increase of £21m since the provisional figures were announced in March, adding that of the 130 higher education institutions it funds, 55 have seen an increase in funding and 75 a decrease since the March figures.
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