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Foundation Degrees: Finance

Volume 463: debated on Thursday 19 July 2007

To ask the Secretary of State for Innovation, Universities and Skills if he will estimate the full cost of foundation degrees since their inception, including all advertising and development; and how much of that sum is recurrent funding. (149098)

We have estimated the total cost for foundation degrees over the five years since the first courses started in 2001. Table 1, line 1 shows for each of the last five academic years (2001/02 to 2005/06) the recurrent funding which the Higher Education Funding Council for England (HEFCE) allocated to foundation degrees, amounting to £332 million. Line 2 shows development funding from HEFCE over the same period, amounting to £20 million. Table 2 shows the funding allocated by the then Department for Education and Skills for the advertising of foundation degrees over the financial years 2001-02 to 2005-06, amounting to £7 million.

£ million

Foundation degrees

2001/02

2002/03

2003/04

2004/05

2005/06

Total

HEFCE Notional Recurrent Grant

9

30

54

98

140

332

HEFCE Development

2

1

1

6

6

20

£ million

2001-02

2002-03

2003-04

2004-05

2005-06

Total

Advertising

2

0.5

3

0.5

1

7