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 the COVID-19 pandemic (Annex 1.1b) continues to apply for this year.
Please note that some of the annexes will be updated later in the year, so please look out for further announcements.