This updated resource supports institutional leaders in understanding the Transparent Approach to Costing (TRAC) and its strategic relevance in today’s higher education landscape. First published in 2015, the guide has been revised to reflect recent developments in TRAC methodology, sector challenges, and regulatory expectations.
The 2025 edition provides clear insights into:
- The role of TRAC in supporting financial sustainability
- How TRAC data informs strategic and operational decision-making
- Governance responsibilities and sector-wide benchmarking
- The importance of full economic costing and the sustainability adjustment.
TRAC - A guide for senior executives and governing body members (revised)