How will co-funded ASNs be monitored?
Co-funded ASNs allocated for 2006-07 and 2007-08 will be monitored outside the mainstream allocation; in other words they will not be monitored through the main teaching funding conditional upon delivery of growth targets or institutions’ contract range. For 2006-07 institutions will be required to complete a separate aggregate monitoring return in summer 2007. For HESES07, co-funded ASNs should be recorded as non-fundable. For institutions which have been allocated co-funded ASNs for 2006-07 we will effectively re-allocate the 2006-07 allocation in the second year. The individual SDF award letters to institutions will ask them to flag co-funded activity on their HESA return and to inform us how they will do this. In the longer term we are seeking to monitor co-funded ASNs as part of mainstream funding but we are still developing our approach to this. Funding ASNs through the mainstream allocation will enable us to minimise both the risk of double counting and the risk that additional