As you will be aware, there has been a change to the Ordinary grant process. This has seen a replacement of the fixed payment of 12 percent of members' subscription fees, with a performance-related payment based on the annual assessment completed by each institute.
This new funding model seeks to share the available funds equitably, in turn reinforcing best practice and supporting the provision of member services across the UK.
All institutes are now allocated to one of four bands – excellent, good, fair and poor – on the basis of their annual assessment score. These bands are assigned an associated percentage payment of an institutes total membership fees.
A full list of grant payments for 2017 can be downloaded below.
Should you have any questions regarding your funding for 2017 then please contact your Regional Membership Manager.