Annual Efficiency Returns 2016-17

19 Apr
Annual Efficiency Returns 2016-17  

The Annual Efficiency Returns results for 2016-17 are now available. HEFCE is required to report to government on the efficiency of the HEFCE-funded higher education sector. For this purpose, HEFCE collects data from institutions through an Annual Efficiency Return (AER). This return provides a common framework for institutions to report evidence of efficiency to HEFCE and to inform their own internal value for money reports.

 

For 2016-17, the total cash value for efficiencies reported by HEFCE-funded higher education institutions was £912 million, representing 3.2 per cent of total sector expenditure. The report highlights efficiencies derived from widespread collaborative procurement initiatives within the sector.

 

A full overview is available here: Efficiency and value for money in higher education.