Major Funding Changes Recommended for Australian Universities

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Universities,Funding Changes,Tertiary Education

The Australian Universities Accord has recommended major funding changes for universities based on student and institutional disadvantage to make the system more accessible. The review also calls for boosting university attainment rates nationally.

The final report from the Universities Accord, a broad-ranging review of the tertiary education sector, has been released. Student groups, universities and politicians will consider the recommendations ahead of the May budget. Universities could soon be facing major funding changes as the biggest review of the sector in decades calls for a radical reshaping of the tertiary education sector.

The Australian Universities Accord has recommended funding be delivered on a needs basis, similar to primary and high school funding, where extra loadings would be provided based on student and institutional disadvantage to make the system more accessible. Its call to boost university attainment rates nationally to 80 per cent would effectively create a demand-driven system for disadvantaged students. The review provides the federal government with a blueprint for long-term changes as it seeks to tackle skills shortages in health, child care, science, education and manufacturing

 

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