A new report from the Atlantic Institute for Market Studies observes that now is the ideal time to test an alternative funding model for Nova Scotia universities going forward. The report proposes a funding model based on 3 blocks: support for students, block grants to universities, and tied grants associated with specific research and development efforts or economic projects. The report recommends gradually shifting the balance of these blocks over a 5- to 10-year period with the end goal being 50% of funds in student hands, 30% tied to performance based on measurable economic contributions, and 20% in the form of guaranteed base grants. The report also proposes increasing university control over tuition fees, program choice and delivery, and enhancing funding accountability through established performance measures.
Report proposes alternative funding model for NS universities
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