§ Margaret Hodge
Funding allocations for medical education are made by the Higher Education Funding Council for England (HEFCE) as described in the HEFCE publication 'Funding higher education in England—How the HEFCE allocates its funds' (Guide April 02/8).
The HEFCE funding methodology allocates funding over four price groups. Group D forms the base allocation. Group A, the highest, contains medical, dentistry and veterinary science courses. These are funded at four and a half times the base level, and in 2002–03, will be equal to £12,915 per annum per full-time student place.