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New TRAC guidance that applies from 2014-15 has now been published. This is hosted on the HEFCE web site on behalf of all funders. The current TRAC requirements continue to apply for TRAC reporting for the year ending 31 July 2014, but once the 2013-14 TRAC reporting is complete, the HEFCE web site will become the sole resource for TRAC as well as financial sustainability materials.

The Joint Costing and Pricing Steering Group

In July 2005, the Joint Costing and Pricing Steering Group completed its eight-year project to develop effective costing and pricing approaches for Higher Education Institutions, and to encourage their implementation and use across the HE sector.

Although the JCPSG project has been completed, this web-site hosts current information on TRAC. The menu links 'TRAC guidance' and 'What's new' are therefore still up-to-date.

Click here for further information on the project, and to find out more about the BUFDG costing and pricing working group, which was set up as part of the JCPSG's Exit Strategy.

The JCPSG published its seventh and final annual report covering activities to the completion of the project in July 2005. Click here to download the report and covering letter from the chair of JCPSG.

web link Click here for information about arrangements for supporting universities and colleges on full economic costs after July 2005