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ERIC Number: ED561875
Record Type: Non-Journal
Publication Date: 2015-Mar
Pages: 24
Abstractor: ERIC
Reference Count: N/A
Financial Health of the Higher Education Sector: Financial Results and TRAC Outcomes 2013-14. Issues Paper 2015/07
Higher Education Funding Council for England
This report provides an overview of the financial health of the Higher Education Funding Council for England (HEFCE)-funded higher education sector in England. The analysis covers financial results for the academic year 2013-14, as submitted to HEFCE in December 2014, as well as the outcomes from the sector's Transparent Approach to Costing (TRAC) reporting for 2013-14, as submitted to HEFCE in January 2015. The report provides universities and higher education colleges with feedback on their financial performance in 2013-14. It also provides other stakeholders with information about the current financial health of the sector. The financial results for the higher education sector in 2013-14 show a financially sound position overall. While the financial outturn was stronger than projected by the sector in July 2014, sector financial results were similar to those reported in 2012-13. It should be noted, however, that significant variations continue in the financial performances of individual institutions across the sector, with the main financial strength of the sector remaining in a small number of institutions.
Higher Education Funding Council for England. Nicholson House, Lime Kiln Close, Stoke Gifford, Bristol BS34 8SR UK. Tel: +44-117-931-7317; e-mail:; Web site:
Publication Type: Numerical/Quantitative Data; Reports - Evaluative
Education Level: Higher Education; Postsecondary Education
Audience: Administrators
Language: English
Sponsor: N/A
Authoring Institution: Higher Education Funding Council for England (HEFCE)
Identifiers - Location: United Kingdom (England)