HC Deb 01 November 1994 vol 248 cc1103-4W
Ms Corston

To ask the Secretary of State for Education what measures she is taking to ensure proper accountability of the use of public money by higher education institutions.

Mr. Boswell

The Higher Education Funding Council for England is responsible for allocating public funds to individual higher education institutions in England. Institutions are required to ensure that the funds they receive are used in accordance with the Further and Higher Education Act 1992, a financial memorandum with the council and any other conditions that the council prescribe. They provide audited financial statements to the council annually and their books and records are open to inspection by the Comptroller and Auditor General.