Research Excellence Framework (REF) 2014
The Research Excellence Framework (REF) is the system for assessing the quality of research in UK higher education. It replaces the previous Research Assessment Exercise (RAE).
The REF will be undertaken by the four UK higher education funding bodies. The exercise will be managed by the REF team based at HEFCE and overseen by the REF Steering Group, consisting of representatives of the four funding bodies.
Submissions from each subject area (or unit of assessment) are given a rank by a subject specialist peer review panel. These profiles are used to inform the allocation of quality weighted research funding each higher education institution receives from their national funding council.