PLarge3Nov03

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Research Funding in HE: 

Research Funding in HE By Paul Large

Introduction: 

Introduction Background to Transparent Approach to Costing (TRAC); White Paper and concentration of Research OST and Research Council Proposals; University issues and response

Transparent Approach to Costing (TRAC): 

Transparent Approach to Costing (TRAC) HEFCE concern about costing and pricing of all activities (JCPSC); Treasury inspired to test Under-funding argument; Introduced in 1999-2000; Full Economic Cost Actual costs plus ‘Cost Adjustments’; Five cost numbers.

Cost Adjustments 2001-02: 

Cost Adjustments 2001-02

Impact of cost adjustments on 2001-02 Surplus: 

Impact of cost adjustments on 2001-02 Surplus

The 5 Cost Numbers 2001-02: 

The 5 Cost Numbers 2001-02

Compared to Income 2001-02?: 

Compared to Income 2001-02?

White paper: 

White paper White paper January 2003 - SUSTAINABILITY; HE funding gap recognised; Under funding of publicly funded research (RC £120m); Concentration of QR; Redefinition of ‘over trading’; Not enough QR, not enough RC, or too much research?

OST Proposals: 

OST Proposals We improve publicly funded R you (HEIs) solve NPFR; All proposals to RC based on FEC; TRAC method extended to project costing; RC make contribution to FEC – you (HEIs) find the rest; HEFCE change to financial memorandum

University Issues : Contribution: 

University Issues : Contribution

University Issues : How much: 

University Issues : How much

University Issues : Growth Rate: 

University Issues : Growth Rate

University Issues: 

University Issues Improve TRAC data; Develop project tool for FEC; Calculate FEC; Calculate allowable costs; Calculate distribution of income. Selectivity in what we subsidise; Apply more widely Genuinely move forward on how we PRICE