These are now known as the 'new' and 'old' universities respectively. British Academy Funds research and postgraduate work in the arts and humanities and acts in sorts as a research council. Its funding role will soon be diminished by the new Arts and Humanities Research Board . Career Development Loan A loan scheme introduced by the Government whereby high street banks offer postgraduate loans for vocationally relevant courses of study. The loan is re-payable at commercial rates of interest.
Postgraduates make up a large number of such casual part-time staff.
These bodies offer degrees and often research degree to students. They are funded through the funding councils. Formed in 1992, it represents higher education institutions in Scotland. It is funded by membership subscriptions and its current chief executive is Diana Warwick. Staff who are specifically employed to carry out research, mostly on externally funded projects.