Office for Students

Formula capital funding: 2023 allocations

This publication announces the second distribution of formula capital grant for the spending review covering financial years 2022-23 to 2024-25. It includes information on:

  • the budget available to the OfS
  • how we calculate formula-based capital allocations
  • individual allocations to higher education providers (set out in Annex A).

The first distribution of formula capital grant for this spending review period was published in Capital funding for financial years 2022-23 to 2024-25, which announced allocations of £399 million awarded through competition and the first of three allocations of formula capital grant of £11 million each.

Ref:
OfS 2023.13
Date:
23 March 2023
Formula capital funding: 2023 allocations
PDF, 201Kb
Information on calculation method, grant payments, conditions and monitoring
Annex A: Capital funding allocations to providers
XLSX, 34Kb
Allocations listed by provider

Read more about funding for providers

Funding announcements and opportunities, and information on processes and allocations
Published 23 March 2023
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