The university announced today its departure from the mission group, which represents smaller research-intensive universities.
Surrey's departure follows that of University of Bath from the 1994 Group last week, while the University of St Andrew has confirmed it left the group last month.
In a statement, a spokesman for Surrey said: 鈥淭丑别 decision to leave the 1994 Group has not been taken lightly and reflects the university鈥檚 response to the changing higher education environment.
鈥淭丑别 University of Surrey values existing strong relationships and collaborations that it has developed with fellow members of the 1994 Group as well as other universities across the sector.
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鈥淚t will continue to build on these in support of its commitment to excellence in research and teaching.
鈥淚t will also continue to seek and develop new, mutually beneficial relationships with other leading UK and global academic institutions.鈥
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Surrey鈥檚 exit from the 1994 Group follows last week鈥檚 announcement that its vice-chancellor, Sir Christopher Snowden, will become the next president of Universities UK, starting in August 2013.
The loss of Surrey, St Andrews and Bath leaves the 1994 Group with just 12 members 鈥 seven fewer than at the start of the year.
The universities of Exeter, York, Durham and Queen Mary, University of London, left this summer to join the Russell Group, which represents large research-intensive universities.
Bath鈥檚 vice-chancellor Dame Glynis Breakwell said last week that continued membership of the organisation "does not reflect the type of university we are".
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She also highlighted Bath鈥檚 鈥渉igh proportion of postgraduate students鈥, its 鈥渉ighest ever ranking in the national league tables鈥, its success in winning 鈥渓arge scale research grants鈥 and its recruitment of 鈥渕ore of the most able students than ever before鈥.
The three recent departures have not announced any plans to seek membership of other mission groups, though Bath in particular is understood to be keen to join the Russell Group.
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