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