Review of TRAC 2021

The UK Higher Education Regulators and Funders (Financial Sustainability) Group (RFG) commissioned a review of the Transparent Approach to Costing (TRAC). This was in response to the government’s request, as part of a wider review of bureaucratic burden, to assess and identify options for ensuring TRAC is not disproportionately burdensome and that it appropriately provides the data the government, regulators, funders and higher education institutions need.

The Review of TRAC has been carried out by KPMG.