The FPA Office have made a number of postings to Agresso during the month which will impact on Academic December budget statements.
Schools will receive a number of budget revision forms relating to these, including revisions for the following:
Additional Student Numbers (ASN) income (including late registrations update)
RAM codes for teaching income (Agresso codes 1001 HEFCE Teaching Grant, 1201 Home Fee Income, 1221 Overseas Fee Income) have been adjusted to match actual student load, based on the student FTE included in the PBIO December frozen database.
Student-based Charges (code 6510) and Bursary Charges (code 6517) have also been adjusted to match actual student load.
Frozen database information is available here on the PBIO website for reference.
ASN expenditure
Where applicable, any ASN expenditure budget due to schools has been allocated directly to their carry-forward reserves (code 9517).
2013/14 student FTE was compared to the higher of a school’s 2012/13 or 2011/12 actuals, with £2,000 being allocated for every additional overseas FTE.
Deferred bids agreed at December 2nd EG
A number of deferred and new bids were agreed in December by EG – budget for these items has been allocated where necessary.
Carry-forward – bring forward opening carry-forward balance for 2013/14
Two revisions have been sent relating to carry-forward reserves – the first moves cumulative carry-forward built up pre-2012/13 into 2013/14 (under code 9515, Carry Forward Reserve in Agresso)
Carry-forward – add 2012/13 results
The second carry-forward revision posts any carry-forward created in 2012/13 (posted into Agresso code 9516, Previous Year Carry Forward to Reserve, with adjustments to 9515).
Budgeted surplus departments will be allocated 100% of any favourable or adverse variance to budget.
Budgeted deficit departments will be allocated 50% of any favourable variance or 100% of any negative variance.
More information is available on our website here.
University Research Studentships
These revisions set budgets for all University funded GTA and non-GTA students in accordance with information recently gathered from schools.