tuition fee income at a new institution might not reach 12% of its recurrent costs in the early years. The aim should, therefore, be to reach the target rates by 1993-94, the end of the 1991-94 triennium. It is proposed that these recovery rates should be phased-in as follows :
Academic year
Tuition fee
($)
Fee income as % of recurrent
cost
Increase over previous year ($)
i) Degree courses
A. Already determined
1986-87
4,800
6.0
1987-88
5,400
6.7
600
1988-89
6,200
6.9
800
B. Proposed fees at 1988-89 prices
1989-90
7,150
7.9
950
1990-91
8,100
9.0
950
1991-92
9,050
10.0
950
1992-93
10,000
11.1
950
1993-94
10,950
12.1
950
ii) Non-degree courses
A. Already determined
1986-87
3,700
8.4
1987-88
4,200
9.8
500
1988-89
4,900
10.3
700
B. Proposed fees at 1988-89 prices
1989-90
1990-91
1991-92
1992-93
1993-94
5,450
6,000
6,550
7,100
7,650
11.4
550
12.6
550
13.7
550
14.9
550
16.0
550
The proposed fees are based on percentages of estimated unit costs at 1988-89 prices (based on rough estimates of recurrent costs of the institutions and projected student numbers) and will have to be revised upward in the light of future inflation and other cost increases. Members will, of course, be consulted when specific proposals are made.
CONFIDENTIAL
No comments yet.
Private notes are available after approval.