“Next year will be a year of transition to a new funding regime where more teaching funding will follow the choices of students. We recognise the vital role that higher education plays, which is why revenue funding for teaching and research in higher education could rise by nearly 10 per cent in cash terms by 2014-15.
“These changes will support a more diverse sector, where the choices of informed students provide a drive towards high quality teaching and efficient use of resources.”
Notes to editors
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Notes to Editors
BIS Press Office
Department for Business, Innovation and Skills
020 7215 5361