Middlesex University


Financial Statements 2015/16


31. HEFCE - Postgraduate support scheme funds


At 31 July 2016 £000


Balance brought forward Funds received


Disbursed to Students Balance carried forward at 31 July –


330 330


(330) –


At 31 July 2015 £000


– – – – –


The Postgraduate Support Scheme (PSS) supports students progressing to postgraduate taught education. It focuses on students who are under-represented at postgraduate level and in subjects aligned with the government’s growth strategies.


Under the scheme’s guidelines the University has matched funded the HEFCE contribution, so that more money can be made available through the scheme to students. This note does not include the University’s matched contribution and the related student disbursements.


32.HEFCE - National Scholarship Programme funds


At 31 July 2016 £000


Balance brought forward Funds received


Disbursed to Students Balance carried forward at 31 July


– – – – –


At 31 July 2015 £000


–


548 548


(548) –


The National Scholarship Programme has now ended. NSP awards from HEFCE were not available for students starting higher education in 2015/16 and beyond. The programme aimed to help individual students from low-income backgrounds as they entered higher education.


In 2015/16 the University has continued to fund the continuing students who had been awarded HEFCE funding in prior years. This note does not include the University’s contribution and the related student disbursements.


33.NCTL - Teacher Training Bursaries


At 31 July 2016 £000


Balance brought forward Funds received


Disbursed to Students Balance carried forward at 31 July 88


1,357 1,445


(1,342) 103


At 31 July 2015 £000


25


1,000 1,025 (937) 88


The NCTL training bursaries are a financial incentive to attract and retain high quality graduates into the teaching profession.


Funding body bursaries and other student grants received as detailed in notes 31 to 33 are available solely for students and student support; the University acts only as a paying agent. All of the funding and related disbursements are therefore excluded from the statement of income and expenditure and shown within Note 19 other liabilities due within one year.


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