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 to 2015-16 for calculating TRAC full economic costs (or full sustainable costs) – the Infrastructure Adjustment (IA) and the Return for Financing and Investment (RFI).