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Higher Education Act, 1997 (Act No. 101 of 1997)

Notices

Funding of Public Higher Education (November 2003)

6. Annual Ministerial Statement

 

The Minister of Education will issue an annual statement on government funding of the public higher education system, which will include the following:

 

(6.1) A forecast of the grant totals likely to be available for distribution to the public higher education system during the next triennium.

 

(6.2) A forecast of the public higher education system’s likely totals of outputs and of planned student inputs for this triennium.

 

(6.3) Details of how the data required for input, output and institutional factor calculations will be determined.

 

(6.4) Details of the input and output weightings, and of the various benchmarks to be employed in the calculation of block grants.

 

(6.5) Details of how unallocated proportions of output block grants will be redistributed.

 

(6.6) Details of how institutional factor grants will be calculated.

 

(6.7) An account of the implementation of the framework, and of the steps taken to ensure that the public higher education system is not de-stabilised.