Common use of Expenditure Clause in Contracts

Expenditure. 23. The Office for Fair Access guidance suggests that if an institution has a low or very low proportion of under‐represented students, it should spend between 30 and 35 per cent of its fee income above £6,000 per fte on access commitments. The University is working towards a figure of 31% in steady state by 2015/16. Therefore, with a fee of £9,000, this will approximate to a total of £10 million per annum when all UK/home students are subject to the new fee. The £10 million will be divided between financial support packages and access outreach activity.

Expenditure. 2326. The Office for Fair Access guidance suggests that if an institution has a with low or very low proportion of under‐represented students, it students should spend between 30 and 35 per cent of its fee income above £6,000 6,165 per fte on access commitments. The University is working towards committing a figure of 3131.0% in steady state by 2015/162017/18. Therefore, with a fee of £9,0009,250, this will approximate approximates to a total of £10 10.9 million per annum when all UK/home students are subject annum, to the new fee. The £10 million will be divided primarily between financial support packages and access outreach activity.

Expenditure. 2324. The Office for Fair Access guidance suggests that if an institution has a low or very low proportion of under‐represented students, it should spend between 30 and 35 per cent of its fee income above £6,000 per fte on access commitments. The University is working towards committing a figure of 3130.5% in steady state by 2015/162016/17. Therefore, with a fee of £9,000, this will approximate to a total of £10 million per annum when all UK/home students are subject to the new fee. The £10 million annum, which will be divided primarily between financial support packages and access outreach activity.

Expenditure. 23. The Office for Fair Access guidance suggests that if an institution has a low or very low proportion of under‐represented students, it should spend between 30 and 35 per cent of its fee income above £6,000 per fte on access commitments. The University is working towards a figure of 31% in steady state by 2015/16. Therefore, with a fee of £9,000, this will approximate to a total of £10 million per annum when all UK/home students are subject to the new fee. The £10 million will be divided between financial support packages and access outreach activity.of