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Funding formulae where costs legitimately differ: the case of higher education in England

Johnes, G (2005) Funding formulae where costs legitimately differ: the case of higher education in England. Working Paper. The Department of Economics, Lancaster University.

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    Abstract

    The institutional framework for the funding of higher education in the UK is discussed. In England, much of the financial support for teaching and learning, especially of ‘home and EU’ undergraduates, is channelled through the Higher Education Funding Council for England (HEFCE). HEFCE operates a formula funding mechanism, though in the wake of recent policy reforms - which include the introduction of differential tuition fees - this is likely to change. Some simple economic models of funding mechanisms which may be suitable for application in this context are constructed and evaluated. Implications for the design of future policies are discussed.

    Item Type: Monograph (Working Paper)
    Uncontrolled Keywords: funding ; education
    Subjects:
    Departments: Lancaster University Management School > Economics
    ID Code: 48809
    Deposited By: ep_importer_pure
    Deposited On: 11 Jul 2011 22:13
    Refereed?: No
    Published?: Published
    Last Modified: 27 Jul 2012 01:15
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/48809

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