Welcome slide

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Welcome slide
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Second T-Funding consultationKey messages and
headlines
Sean Mackney Head of Learning and Teaching
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Why are we reviewing the T-funding method?

• A change in the balance of funding that supports
  HE
• A more strategic approach to funding - both now
  and in the future
• A need to effectively recognise and support a
  diverse and changing sector
• Issues raised by SQW Ltd

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What is this consultation about?

• Targeted allocations
• Recognising flexible study patterns
• Further development of TRAC(T)

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From premiums to targeted allocations

• In 2008-09, we will replace the premiums with
  targeted allocations
• These are streams of recurrent funding that
  contribute to the additional costs of important
  features of higher education
• They fall within the block grant but outside the
  tolerance band

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The new system of targeted allocation

• Variable Part-time
• Foundation degree
• Widening participation
• Accelerated and intensive
• Fixed Old and historic buildings
• Other London weighting
• Small and specialist (under review)

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Recognising flexible study patterns

• We want to help enable students to study flexibly
• We propose to count the volume completed by
  students who complete something less than their
  initial study intentions
• There is no new funding for this initiative
  redistribution of funding will be controlled by
  the tolerance band

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TRAC(T) and sustainable teaching

• TRAC(T) the method that we have developed with
  the sector to understand the costs of teaching
• We want to use TRAC(T) to find out the total
  costs of sustainable teaching
• Sustainable teaching excellent, efficient and
  funded to maintain these qualities in the long
  term
• We propose to approach this question in the
  short-term by benchmarking actual costs

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Some questions

• Do you agree with our proposals for each
  individual targeted allocation?
• Have we found the best way to support flexible
  study patterns?
• Will benchmarking help us understand the costs of
  sustainable teaching?