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Welcome slide.

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Presentation on theme: "Welcome slide."— Presentation transcript:

1 Welcome slide

2 Second T-Funding consultation Key messages and headlines
Sean Mackney Head of Learning and Teaching

3 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

4 What is this consultation about?
Targeted allocations Recognising flexible study patterns Further development of TRAC(T)

5 From premiums to targeted allocations
In , 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

6 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)

7 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

8 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

9 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?


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