Following the publication of how the Higher Education Funding Council for Wales will allocate funding for higher education in the 2012/13 academic year, Amanda Wilkinson, Director of Higher Education Wales said:
‘We will be looking at the funding allocations for 2012/13 carefully in the next few days. It is important to remember that this is the first year of the new arrangements in which much more of the funding for institutions will come from student fees supported by loans or fee grants. It is worth noting that, when funding changes of this sort are made, the impacts are not evenly felt between the initial and subsequent years of implementation or between institutions and there will be many issues still to address. This is the first of a series of changes for HE funding not just in Wales but across the UK and the full impacts of these changes will not be known for several months.
Universities will continue to ensure that the quality of the student experience remains paramount and that the quality of a university education in Wales is assured. We believe that the funding of Universities remains a priority in this challenging budgetary environment for the long term economic and social prosperity of Wales.’