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Cash-strapped colleges told to pay back almost £1m

Penny

Almost £1 million in funding will be clawed back from Scottish colleges, it was announced this week.

Yes, you read that right. The Scottish Funding Council (SFC) isn’t granting cash-strapped colleges more funding, but rather taking away huge amounts of cash that it has already given them (which, incidentally, some colleges have already spent).

Why is this happening? Well, it is all about staff numbers at colleges. This year, colleges were allocated specific amounts from a £34.2 million funding pot to help to deal with the additional costs that have come with pay harmonisation.

But as Tes ...

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