The Scottish Funding Council (SFC) has announced its indicative funding allocations for the next academic year.
Based on the education and skills provision announced in the 2026-27 Scottish Budget, today’s allocations will maximise opportunities for learners and support for colleges and universities at a time of financial restraint.
The college sector in Scotland will see a significant 8% increase to the funding allocated for teaching in 2026-27. The rise represents a £42.5 million uplift compared with the current year’s allocation. The money colleges will receive for the ongoing maintenance of their campuses and infrastructure will remain the same year-on-year at £32 million. However, an extra £8.2 million will be made available for colleges’ high priority needs, bringing the total to £10.7 million in this area of funding.
Scotland’s universities and their students will benefit from a 3.3% (23.7 million) increase in the funding allocated for teaching activities. Researchers and those working to transform discovery into innovations for society and the economy will see a 26.8 million (just over 8%) rise in their funding for 2026-27.
