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HEFCE
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HEFCE is the Higher Education Funding Council for England in the United Kingdom.
It promotes and funds high-quality, cost-effective teaching and research, meeting the diverse needs of students, the economy and society.
Its web site is http://www.hefce.ac.uk/
HEFCE has recently (31 January 2008) announced the distribution of £2.4 billion in capital funding for learning and teaching, research and infrastructure over the next three years in the Higher Education sector.
Also see the Pathfinder Programme.
For similar initiatives in the United Kingdom see Higher Education Funding Council.