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“A small rise in funding for higher education in Wales has been announced, but some institutions will see a cut. Grants of £433.8m, up 1.66%, will be made by the Higher Education Funding Council for Wales (HEFCW) for 2009/10. Aberystwyth University will receive around £1.5m more, but Lampeter will have its grant cut by 9%.” - BBC
You can read more of this article on the BBC website here.