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However, if it is to be done properly, there will be a need for extra guidance, and more monitoring of annual strategies and so on, which means that extra costs that are perhaps not reflected in the financial memorandum are likely to be incurred.
Do you feel that you have sufficient resources and sufficient staffing to fulfil that responsibility? The extra funding has taken into account the extra costs of having to do the minimum inspections.
That is based on the assumptions that are set out in the report and Scottish universities earning extra income of up to £62 million by 2014-15 through charging students from the rest of the UK higher fees.