Scottish Funding Council

Scottish Funding Council

Scottish Funding Council

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Description:
The Scottish Further and Higher Education Funding Council, more commonly known as the Scottish Funding Council (SFC), is the body in Scotland that distributes funding from the Scottish Government to the country's colleges and universities. It was set up by the , and was established on 3 October 2005 when the Scottish Further Education Funding Council and the Scottish Higher Education Funding Council merged.

Role of the SFC

The Council’s main role is to distribute funding to colleges and universities in Scotland. In 2009-10, the Council allocated about £1.7 billion for the support of learning and teaching, research and other activities.

The Council also:

  • provides advice to Scottish Ministers on the needs of the further and higher education sectors and on other policy and funding issues that are relevant to further education (FE) and higher education (HE);
  • works with the sectors to develop coherent strategies in support of Ministerial priorities and ensure that there is coherent provision of high quality FE and HE;
  • has a statutory duty to ensure that the quality of FE and HE in colleges and universities is assessed and enhanced;
  • monitors the financial health of the colleges and universities;
  • supports management and governance in colleges and universities by providing guidance and disseminating good practice on many issues;
  • facilitates and supports desirable strategic change in the sectors;
  • establishes targets and indicators of performance, and gathers evidence......
  • ...

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