Call for bonus to university funds

UNIVERSITIES SHOULD be given government bonuses if they succeed in raising funds from private donors, a leading vice-chancellor will say today.

Donations from companies and former students should be matched pound for pound by the state, according to Professor Duncan Rice, principal and vice-chancellor of Aberdeen University, who will outline his proposal in a speech to be delivered to a conference of 400 university fund-raisers and external relations specialists.

Professor Rice called for the incentives as he warned that cuts in funding meant universities had "absolutely no choice but to revert to philanthropy". He predicted that up to eight out of ten former students would be giving money to their university by the end of next decade and vice-chancellors would spend up to 40 per cent of their time raising funds.

At Aberdeen, a campaign has been launched to raise pounds 150m in the next decade. Professor Rice said: "In order to create incentives for charitable giving, governments throughout Europe need to consider matching funds for money donated to a university fund raising campaign. I am not calling for new money, but I would like to see the resources available used to lever money from as yet untapped or under-exploited sources."

But the Labour MP Gordon Marsden, a member of the influential Commons Education Select Committee, warned against matching donations. He said: "My worry if that if you just match the funding, that will lead to universities like Oxford and Cambridge simply getting a lot of money."

Start your day with The Independent, sign up for daily news emails
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
ebooks
ebooksA year of political gossip, levity and intrigue from the sharpest pen in Westminster
News
The cartoon depicts the UK (far left) walking around a Syrian child refugee
newsIn an exclusive artwork for The Independent, Ali Ferzat attacks Britain's lack of 'humanity'
Life and Style
tech
Arts and Entertainment
film
Sport
footballManager attacks Sky Sports pundit Jamie Redknapp after criticism of Diego Costa's apparent stamping
News
video
Life and Style
food + drink
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Recruitment Genius: Infrastructure / Development Support

£20000 - £30000 per annum: Recruitment Genius: Fantastic opportunity to join a...

Recruitment Genius: Partnership Relationship Manager

£35000 - £45000 per annum: Recruitment Genius: A Partnership Relationship Mana...

Recruitment Genius: Mobile Developer - Xamarin

£45000 - £60000 per annum: Recruitment Genius: This software development compa...

Recruitment Genius: Student Support Assistants - Part Time & Full Time

£14600 - £17600 per annum: Recruitment Genius: If you are passionate about sup...

Day In a Page

Greece elections: In times like these, the EU has far more dangerous adversaries than Syriza

Greece elections

In times like these, the EU has far more dangerous adversaries than Syriza, says Patrick Cockburn
Holocaust Memorial Day: Nazi victims remembered as spectre of prejudice reappears

Holocaust Memorial Day

Nazi victims remembered as spectre of prejudice reappears over Europe
Fortitude and the Arctic attraction: Our fascination with the last great wilderness

Magnetic north

The Arctic has always exerted a pull, from Greek myth to new thriller Fortitude. Gerard Gilbert considers what's behind our fascination with the last great wilderness
Homeless Veterans appeal: Homeless in Wales can find inspiration from Daniel’s story

Homeless Veterans appeal

Homeless in Wales can find inspiration from Daniel’s story
Front National family feud? Marine Le Pen and her relatives clash over French far-right party's response to Paris terror attacks

Front National family feud?

Marine Le Pen and her relatives clash over French far-right party's response to Paris terror attacks
Pot of gold: tasting the world’s most expensive tea

Pot of gold

Tasting the world’s most expensive tea
10 best wildlife-watching experiences: From hen harriers to porpoises

From hen harriers to porpoises: 10 best wildlife-watching experiences

While many of Britain's birds have flown south for the winter, it's still a great time to get outside for a spot of twitching
Nick Easter: 'I don’t want just to hold tackle bags, I want to be out there'

'I don’t want just to hold tackle bags, I want to be out there'

Nick Easter targeting World Cup place after England recall
DSK, Dodo the Pimp, and the Carlton Hotel

The inside track on France's trial of the year

Dominique Strauss-Kahn, Dodo the Pimp, and the Carlton Hotel:
As provocative now as they ever were

Sarah Kane season

Why her plays are as provocative now as when they were written
Murder of Japanese hostage has grim echoes of a killing in Iraq 11 years ago

Murder of Japanese hostage has grim echoes of another killing

Japanese mood was against what was seen as irresponsible trips to a vicious war zone
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore