There are currently eight universities operating in Wales, all of which receive funding from the Higher Education Funding Council for Wales (HEFCW).
In 2016–2017 global rankings, four Welsh universities (Aberystwyth, Bangor, Cardiff and Swansea) featured in the Times Higher Education World University Rankings (covering a total of 981 institutions, 91 from the UK); the same four also featured in the QS World University Rankings (916 institutions, 71 from the UK); while Bangor and Cardiff are in the Academic Ranking of World Universities (500 institutions, 37 from the UK). No Welsh university features in the top 100 of any of the global tables, although Cardiff makes the top 200 in all three.
All Welsh universities are public universities funded by the Welsh Government through HEFCW, with an allocation of just under £120M in 2016–2017, covering teaching and research. Welsh universities also charge tuition fees, capped at £9,000 per year for UK and EU students on undergraduate courses, although international students and postgraduate students may pay more.