News

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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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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Academic workload planning: theory into practice

December 2019

The TRAC Development Group published a study on the implementation of workload planning in 2011. Today we have published a new report which reassesses the advice given in that study, and provides further guidance on how workload planning is being implemented across a growing number of institutions…

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Invitation for new members to support the work of the group

December 2019

We would like to invite expressions of interest from potential members from across the UK to provide additional strength to the existing membership of the TRAC Development Group (TDG), offering insight from a Secretary, Registrar or Chief Operating Officer (or equivalent) background. Membership of the Group provides a unique opportunity…

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TRAC guidance for 2018-19 returns now available

July 2019

Version 2.4 of the Transparent Approach to Costing (TRAC) guidance is now available. This version should be used for TRAC returns for the academic year 2018-19. A change log is provided at Annex 1.1a to help identify updates.  This includes confirmation of the sign-off requirements for the Annual TRAC…

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Understanding the impact of income cross-flows on financial sustainability

March 2019

The Financial Sustainability Strategy Group (FSSG) has published its report on ‘Understanding the impact of income cross-flows on financial sustainability in the UK higher education sector’. The report uses TRAC data to provide an insight into the extent of the income cross-flows and reports on the benefits they provide.

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Recruitment for TRAC Development Group

January 2019

Please note: This invitation is now closed. Invitation for new members and Chair to support the work of the group We wish to invite expressions of interest from potential members from across the UK to provide additional strength to the existing membership of the TRAC Development Group…

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Margin for Sustainability and Investment: Analysis of 2016-17 data

August 2018

A report has been published summarising the analysis of the Margin for Sustainability and Investment (MSI) data reported in the 2016-17 Annual Transparent Approach to Costing (TRAC) returns to UK higher education funding bodies. This follows the adoption of the MSI in place of the two sustainability adjustments used up…

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