UNIVERSITIES in the region have been allocated their funding for the coming academic year.
The Higher Education Funding Council for England (HEFCE) has revealed its grants for 2012-13.
Durham University will get a total of £56.6million, and the University of Sunderland will be allocated £26million.
Durham’s grants include £28.5million for teaching, £25.2million for research and £2.8million of Higher Education Innovation Funding (HEIF).
In Sunderland, the university will be allocated £23million for teaching, £1.98million for research and £1million of the HEIF.
A number of colleges in the region will be given HEFCE funding for higher education.
They include Sunderland College, which will be allocated a total of £772,000.
New College Durham gets £2.5million and South Tyneside College £1.5million.
In total the HEFCE will allocate £5.3billion to 129 universities and higher education colleges and 186 directly funded further education colleges for the coming academic year.