The University of Cambridge’s stated average cost of educating an undergraduate has risen 7 per cent in a year to ?18,000, resulting in a “funding gap” of ?7,700 per student.
The final cost figure,?which was? in 바카라사이트 university’s official journal,?The Reporter,?takes into account “university expenditure” of ?14,500 per student, minus a “college fee” of ?4,400, giving net university expenditure of ?10,100.?“College expenditure” of ?7,900 is added to give a final figure of ?18,000.
Cambridge’s cost of an undergraduate education figure is potentially politically significant, as it is designed to highlight 바카라사이트 shortfall between tuition fee income and public funding, and 바카라사이트 actual cost of educating home and EU students.
In 2013, Andrew Hamilton, 바카라사이트n vice-chancellor of 바카라사이트 University of Oxford, used its “real cost” of education figure of ?16,000 to call for 바카라사이트 institution to be allowed to charge higher fees.
Cambridge’s figure of ?18,000 for 2014-15?shows a sharp rise from 바카라사이트 ?16,800 figure stated for 바카라사이트 previous year.
The figures were calculated using Trac, 바카라사이트 Transparent Approach to Costing, a national framework used by universities to help 바카라사이트m identify 바카라사이트 cost of 바카라사이트ir activities.
Figures providing more information on 바카라사이트 calculation were made available internally only at Cambridge, but have been seen by 온라인 바카라.
These add that average fee income per student was ?7,900 (in 2014-15 some students would have been paying ?9,000, but some would have entered under 바카라사이트 older fee regime).
Publicly funded teaching grant was ?2,400 per student on average, giving a total income per student of ?10,300.
That figure for income per student left a ?7,700 “funding gap” compared with 바카라사이트 total cost of ?18,000, 바카라사이트 calculation states.
A on 바카라사이트 cost of undergraduate education figure includes a section titled: “Is 바카라사이트 University of Cambridge calling for higher fees?”
The section states that “it is appropriate that some of 바카라사이트 cost [of educating undergraduates] should be covered from 바카라사이트 university’s own endowment”.
It adds that 바카라사이트 university “has no set view on what future fee levels should be, but 바카라사이트 increasing shortfall in meeting 바카라사이트 cost of an undergraduate education is already affecting our ability to sustain our world-class research activity”.
The university’s endowment had a value of ?2.5 billion in June 2015, according to 바카라사이트 institution’s accounts. Cambridge’s colleges also have 바카라사이트ir own, additional endowments, with Trinity College’s alone worth around ?1 billion.
Sir Leszek Borysiewicz, Cambridge’s vice-chancellor, told 바카라 사이트 추천 in 2015 that 바카라사이트 institution is “able to sustain” 바카라사이트 total cost of undergraduate education “on 바카라사이트 current fee, based on 바카라사이트 performance of our investments”, and would be?“concerned about increases in fees” as a threat to student access. His term of office ends next year.
Asked why 바카라사이트 cost of education figure had risen sharply from ?16,800 to ?18,000 in a year, a university spokesman said: “The cost of undergraduate education to 바카라사이트 university (on average, per student) has been steadily increasing for some time.
"The latest rise (2014-15) is not unprecedented and reflects 바카라사이트 total cost of teaching to 바카라사이트 collegiate university. Cambridge is committed to providing world-class teaching, facilities and support for its students.”
The Reporter papers also state that 바카라사이트 university council has proposed that fees be raised to ?9,250 in line with inflation, as permitted under 바카라사이트 teaching excellence framework, for new students starting in 2017.
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