Since August 2000, the Scottish Further Education Funding Council (SFEFC) has made approximately £88 million of capital funding available to the further education sector to improve the fabric of college buildings and, in some instances, provide finance for new buildings.Approximately £58 million of this has been allocated on a formula basis (based on student activity) to address the most pressing, short-term, capital needs of the sector, notably in relation to health and safety, disability legislation and backlog capital maintenance.