Research funding crisis
OXFORD UNIVERSITY WILL face a decrease in government funding this year, whilst many other newer universities can expect an increase. The HEFCE budget is the first to take into account new rules on research funding which mean that funding is only maintained for the the top-rated researchers - the five-star rated departments - and cutting all the rest.
Alan Ryan, Warden of New College, said that the latest budget would add to calls for the University to be allowed to charge top-up fees for courses, in order to enable it to allow it to fund research that was of high quality but expensive.
He added: "This level of meanness in general support means that it's high time that Oxbridge, Imperial, University College London, the London School of Economics and Nottingham were taken out from under the HEFCE umbrella".
25th Apr 2002