Hampshire universities to lose millions under Government cuts (From This is Hampshire)

Hampshire universities to lose millions under Government cuts

6:20am Monday 15th March 2010 in

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GOVERNMENT funding cuts which could see Hampshire’s three universities losing millions of pounds will be revealed this week.

Unions are warning the cuts – by the Higher education Funding Council – could lead to job losses and a drop in services for more than 45,000 students.

Figures for the University of Southampton, Solent University and the University of Winchester will be made public on Thursday.

The HEFC announced in February that it would be cutting the amount it gives to universities and colleges this year by nearly 15 per cent. It could result in the universities losing out on up to £15m.

A spokesman for the University and College Union said: “We will see teachers on the dole, students in larger classes and a higher education sector unable to contribute as much to the economy or society. Considering we already spend less of a percentage of our gross domestic product than our competitor countries on higher education, few people will agree that slashing funding is the way to ensure the UK can retain, let alone improve, its world-class reputation.”