2023 to 2024 grant data tables

Oxford University

Table list

Table A: 2023 to 2024 Summary of allocations

Quality-related research (QR) funds

Mainstream QR funds (£)
88,053,015
London weighting on mainstream QR (£)
0
Mainstream QR funds including London weighting (£)
88,053,015
QR charity support fund (£)
35,126,580
QR business research element (£)
21,083,268
QR RDP supervision funds (£)
19,773,504
QR funding for National Research Libraries (£)
1,964,565
Total QR funding (£)
166,000,932

Higher Education Innovation Funding (HEIF)

Main allocation (£)
4,670,000
Top-up allocation (£)
1,000,000
Total HEIF (£)
5,670,000
Total QR and HEIF grant (£)
171,670,932
Museums, Galleries and Collections Fund (£)
3,892,598

Table B: 2023 to 2024 Mainstream QR funds and London weighting

This data is available in the CSV grant data tables download

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Table C: 2023 to 2024 QR charity support fund and QR business research element

QR charity support fund

AFR19 Research income from charities (£)
186,534,000
AFR20 Research income from charities (£)
180,958,000
AFR21 Research income from charities (£)
178,178,000
AFR22 Research income from charities (£)
186,725,000
Average annual income (£)
183,098,750
London-weighted research income (£)*
183,098,750
QR charity support fund (£)**
35,126,580
London weighting (£)
1
Rate
0.191845

Notes:

  • * London-weighted research income (£) = average annual income (£) x London weighting
  • ** QR charity support fund (£) = London-weighted research income (£) x rate

QR business research element

AFR19 Research income from businesses (£)
88,983,000
AFR20 Research income from businesses (£)
104,805,000
AFR21 Research income from businesses (£)
106,770,000
AFR22 Research income from businesses (£)
117,340,000
Average annual income (£)
104,474,500
QR business research element (£)*
21,083,268
Rate
0.201803

Notes:

  • * QR business research element (£) = average annual income (£) x rate

Table D: 2023 to 2024 QR RDP supervision funds

This data is available in the CSV grant data tables download

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Table E: 2023 to 2024 HEIF allocations

HEIF qualifying income
Data source 2019 to 2020 income (£) 2020 to 2021 income (£) 2021 to 2022 income (£)
HE-BCI survey Income from contract research 201,184,000 212,499,000 281,559,000
Income from consultancy 8,448,000 10,972,000 10,103,000
Income from equipment and facilities 5,530,000 5,184,000 5,231,000
Income from regeneration 46,000 81,000 34,000
Income from intellectual property 74,118,000 63,302,000 74,627,000
Income from SMEs in the above categories* 44,390,000 39,002,000 47,712,000
Innovate UK KTP income** 108,000 147,000 116,000
OfS annual financial return Income from NCB provision 39,771,000 40,707,000 53,883,000
Total per year 373,595,000 371,894,000 473,265,000

Notes:

  • * Income from SMEs is included in the income stream total and again in the total income from SMEs to provide the overall double-weighting for SME income
  • ** This is the KTP income provided by Innovate UK
Total weighted qualifying income (£), using 2:3:5 ratio = (2019 to 2020 income x 2) + (2020 to 2021 income x 3) + (2021 to 2022 income x 5)
4,229,197,000

HEIF allocation

Main allocation (£)
4,670,000
Top-up allocation (£)
1,000,000
Total allocation (£)
5,670,000

Table F: 2023 to 2024 HEIF formula parameters

Total HEIF budget

Main allocation (£)
240,000,000
Top-up allocation (£)
20,000,000
Total HEIF budget (£)
260,000,000

HEIF formula parameters

Main allocation

Minimum allocation threshold (£)
250,000
Maximum allocation (£)
4,670,000

New Entrant Cap*

Maximum allocation (£)
character(0)

Yearly moderation factor

Maximum increase
10%
Maximum decrease
-10%

Top-up allocation

Minimum allocation (£)
200,000
Maximum allocation (£)
1,000,000

Notes:

  • * A new entrant is defined as a provider, newly eligible or otherwise, that did not receive HEIF in the previous year, whether or not they received HEIF prior to that time