Archive

TDG Bulletin 14

January 2023

The TRAC Development Group’s latest bulletin provides updates on the group’s work including: Welcome from the new chair of the TDG TRAC submission – key reminders Reminder – role of the committee of the governing body Update – review of TRAC TRAC Development Group vacancies How TDG is supporting TRAC…

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Invitation for new members of the TRAC Development Group

January 2023

We are inviting expressions of interest from potential members from across the UK to provide additional strength to the existing membership TRAC Development Group (TDG). Membership of the TDG provides a unique opportunity to contribute to improving the understanding of academic and financial sustainability of higher education institutions, at a…

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TRAC guidance for 2021-22 returns now available

September 2022

Version 2.7 of the Transparent Approach to Costing (TRAC) guidance is now available. This version should be used for TRAC returns for the academic year 2021-22. A change log is provided at Annex 1.1a to help identify updates. The Statement of Requirements document (at the bottom of the page)…

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Analysis of the Annual TRAC return COVID-19 supplementary tables 2019-20

December 2021

Today, the Office for Students has published experimental official statistics which analyse the additional data collected in the COVID-19 supplementary tables within the 2019-20 TRAC return. The report shows, in aggregate for UK institutions, the extent of the estimated impacts of COVID-19-related changes on activities and costs reported in TRAC…

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Review of TRAC 2021

November 2021

The UK Higher Education Regulators and Funders (Financial Sustainability) Group (RFG), consisting of representatives of the Office for Students, UK Research and Innovation and the higher education funding bodies for Wales, Scotland and Northern Ireland, commissioned a review of the Transparent Approach to Costing (TRAC), in response to the government’s…

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TDG Bulletin 13

October 2021

The TRAC Development Group’s latest bulletin provides updates on the group’s work including: Review of TRAC COVID update Updated TRAC guidance 2.6 for 2020-21 Update on application of 2019-20 charge-out rates The TRAC Support Unit helpdesk…

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TRAC guidance for 2020-21 returns now available

September 2021

Version 2.6 of the Transparent Approach to Costing (TRAC) guidance is now available. This version should be used for TRAC returns for the academic year 2020-21. A change log is provided at Annex 1.1a to help identify updates. The supplementary guidance to address issues arising from the impact of…

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BUFDG TRAC 2020 Practitioners’ Conference

March 2021

The TRAC Practitioners’ Conference, a regular event for a number of years that consistently receives positive feedback, was held digitally in 2020 due to the impact of COVID-19. Links to the slides used at the event can be found on the BUFDG website (please note that this is only accessible…

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TDG Bulletin 12

August 2020

The TRAC Development Group’s latest bulletin provides updates on the group’s work including: • TDG’s response to COVID-19 and frequently asked questions• TRAC guidance updates• TRAC Practitioners’ Conference for 2020• Annual TRAC data for the UK and Peer Group Analysis for 2018-19• Outcome of the initial work on…

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TRAC guidance for 2019-20 returns now available

August 2020

Version 2.5 of the Transparent Approach to Costing (TRAC) guidance is now available. This version should be used for TRAC returns for the academic year 2019-20. A change log is provided at Annex 1.1a to help identify updates. Also included is supplementary guidance (Annex 1.1b) to address issues arising from…

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Understanding costs in higher education

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