Monitoring of capital funding allocated in the financial year 2021-22

Guidance for higher education providers

We require all higher education providers in receipt of capital funding in financial year 2021-22 to submit a monitoring return on their expenditure. The data collected will provide us with assurance that the funding has been used for the purposes given. Capital grants are paid on a financial year basis (1 April to 31 March) and therefore grants for 2021-22 must be used in full by 31 March 2022.

This guidance sets out the monitoring information required from providers that:

• received formula capital funding in the financial year 2021-22
• submitted a successful bid for capital funding in the financial year 2021-22.

The teaching capital funding monitoring return for completion will be available to download from the OfS portal on Thursday 10 February 2022.

Providers must upload the completed return to the OfS portal by Friday 8 April 2022.