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The Office for Students (OfS) has today announced its approach to recurrent funding for the 2022-23 academic year.

The OfS will distribute £1.4 billion in non-capital grants to universities and colleges, with funding targeted to support high-cost subjects, student access and success, the growth and development of Level 6 degree apprenticeships, and to encourage greater provision of Level 4 and 5 qualifications.

The OfS is also distributing £450 million in capital grants for the three financial years 2022-‑23 to 2024-25 combined, which will in the main be allocated through a bidding exercise already underway,

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