How the funders cut the cake
pound;29m to compensate colleges that waive fees.
pound;22m to cover the entry costs of student recruitment and initial guidance (pound;8.3m), an additional premium of pound;4.3m for the entry costs of students from deprived areas, a "remoteness element" of pound;3.5m for 14 rural and island colleges, a pound;3m sum to promoe achievement and ensure there is "effective enrolment not just bums on seats", pound;1.75m to continue with the introduction of Higher Still courses and pound;1.1m for colleges with particularly high property costs.
pound;4m from the funding council (plus pound;3m from other colleges) for transitional support.
pound;7m for colleges which are not formula funded - Bell in Hamilton which is about to become an HE institution, Sabhal Mor Ostaig on Skye and Newbattle Abbey adult education centre in Dalkeith.
The funding council has also to allocate another pound;30m from the Government's overall FE spending: pound;16m for capital investment.
pound;10m for information and communications technology.
pound;3m allocated for "strategic developments".
pound;1m available for "quality improvement".