The term “fundraising” has become synonymous with universities and has a broad definition across different areas of business.
In the UK, the term is used to describe institutions that provide funding for the activities of their students.
But what is a “funding” university?
It can be defined as an educational institution that accepts funding from government, the private sector, a charity, a trade union, a student association or an educational charity.
It is also sometimes used to refer to a charitable organisation, for example, the British Heart Foundation, which receives donations from individuals and businesses in support of heart disease research.
So, what are some of the key definitions?
The definition of a funding university can be found in a section of the government’s National Health Service (NHS) website.
Its definition of “funding university” is: “Fundraising university is an educational and research institution that offers funding to students and staff through the provision of educational and professional training and support.”
Fundraisers also aim to support students and their education and research, by ensuring the development of their skills and interests, and by supporting research and teaching activities in the area of education and science.
“A university’s funding is made up of two elements: 1) an allocation of funding from the National Health Trust to the institution, and 2) the cost of the institution to students or staff.”
The government has recently launched a new website, www.fundraisinguniversity.gov.uk, to make it easier for students and teachers to access funding from universities.
This includes a number of ways for schools to support their students and educators.
One is the new ‘Student Funding and Financial Support’ page on the website, which offers information on student grants, grants for schoolwork, tuition fees, tuition reimbursement, scholarships and grants.
The next step is to check whether you have a university that meets the definition of an “educational and research” institution.
Find out how you can find out more about universities in the UK and how to apply to become a “fundraiser” or a “student”.
Sources: BBC News, BBC News Digital, The Times, BBC World Service, UK Education, UK Treasury, University of Warwick, UK Health Education Agency, British Heart Trust, National Health Foundation, Department for Business, Innovation and Skills
