Universities encouraged to make financial information more visible to students

The Higher Education Funding Council for England (HEFCE) is asking universities and colleges in England to present information about their income and expenditure in a way that is transparent and accessible to students and to the general public. This draws on research undertaken for HEFCE by Sockmonkey Consulting and the National Union of Students (NUS).

HEFCE has published guidance to institutions on how financial information can be presented more effectively. This guidance has been developed by the British Universities Finance Directors Group (BUFDG), GuildHE, HEFCE, NUS and Universities UK. It follows a request from the Department of Business, Innovation and Skills to HEFCE for universities and colleges to publish financial information more effectively.

For more details on what HEFCE is asking institutions to do, read its circular letter here. You can also read the reports prepared for HEFCE by Sockmonkey Consulting and the NUS Services research team.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s