Research England funds for research and knowledge exchange - Research England


Calculating Research England’s formula-based funding

We calculate formula-based funding for higher education providers (HEPs) annually.

Our calculations may include:

  • the number of eligible academic staff at your HEP
  • the amount and quality of research done
  • the amount of research and knowledge exchange income your provider received

We allocate funding on the basis of past quality and performance, taking into account:

For more detailed information on how we calculate each of our formula-based funds, see Research England: how we fund higher education providers.

We will contact your HEP about how much formula-based funding your organisation will receive in each academic year (1 August to 31 July).

Find out more about our funding allocations to HEPs.

Last updated: 4 March 2024

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