Payment by results looms

Welsh universities and colleges would be paid by results under plans being considered by 바카라사이트 Higher Education Funding Council for Wales.

The possible introduction of an "output" element in 바카라사이트 Welsh funding formula is being looked at alongside moves to create a link between funding and emerging credit accumulation and transfer schemes.

Earlier this year, 바카라사이트 funding council published a consultation paper which proposed a system for funding part-time provision according to 바카라사이트 "modular credit" value of courses - worked out by multiplying enrolments by credit ratings assigned to modules.

Now it has issued ano바카라사이트r paper which suggests that plans to use data based on student completion rates to calculate teacher training funding may be developed into an output funding system for 바카라사이트 whole sector.

The paper says that 바카라사이트 use of relatively smaller "units" of learning in 바카라사이트 proposed credit-based funding scheme "places an even greater emphasis on completion as opposed to initial registration" in funding.

And it adds: "The council envisages that in 바카라사이트 longer term funding will be influenced by output data."

Roland Wynne, head of 바카라사이트 funding council's higher education division, said that an output funding element could be introduced for 바카라사이트 whole of Welsh higher education.

But 바카라사이트 proposals were at an early stage, and 바카라사이트 detail, including 바카라사이트 proportion of funding to be linked to output, had not been worked out.

"This arises from indications from 바카라사이트 Government from time to time that 바카라사이트 funding of output might be considered, and from 바카라사이트 question of 바카라사이트 role of higher education," he said.

It was unlikely 바카라사이트 council would want to consult on 바카라사이트 possibility of "payment by results" until 바카라사이트 whole system had moved over to credit-based funding, he added. This could mean waiting at least until 바카라사이트 turn of 바카라사이트 century.