This letter [sent to Tim Melville-Ross CBE, Chairman, Higher Education Funding Council for England] provides details of the allocations that the Coalition Government will make to the Higher Education Funding Council for England (HEFCE) for 2011-12 and the priorities set. It also gives indicative funding totals for 2012-13 and the main budget aggregates for the remaining years of the Spending Review, with confirmed allocations for science and research resource funding for four years. The authors are providing these indicative future figures to assist the sector with forward planning, and to show how increased tuition income routed through students will substitute for reduced HEFCE grant funding over the period. Allocations are made subject to the financial delegations and information requirements that will be set out in a Management Letter to the Council in early 2011, and the Secretary of State's approval of HEFCE's Key Performance Targets by spring 2011
