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The Higher Education Funding Council for England (HEFCE) is a non-departmental public body of the Department for Education and Skills in the United Kingdom which distributes funding to Universities and Colleges of Higher and Further Education in England since 1992. It was created by the Further and Higher Education Act 1992. It has an annual budget of around £6 billion. It is based in Northavon House, in north Bristol on the campus of the University of the West of England. Around 250 people are based in the building, including employees of HEFCE, JISC, the Office for Fair Access, and the Research Assessment Exercise (RAE). In addition to distributing both teaching and research funding to higher education institutions HEFCE is also involved with: widening participation; developing links between higher education institutions and business and the community; and enhancing leadership, governance and management within the sector. It provides both a contribution to core funding, and ring-fenced funding for special initiatives, projects and strategic aims. The Chief Executive of HEFCE is (since 1 September 2006) Professor David Eastwood. His predecessor, Sir Howard Newby, is now the vice-chancellor of the University of the West of England, Bristol. The organisation itself is organised into four directorates as follows: Each directorate comprises both policy and regional teams, along with support functions.
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