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HEFCE closed at the end of March 2018. The information on this website is historical and is no longer maintained.

Many of HEFCE's functions will be continued by the Office for Students, the new regulator of higher education in England, and Research England, the new council within UK Research and Innovation.

The HEFCE domain - - will continue to function until September 2018. At this point we will close the site entirely and all its information will only be available from the National Web Archive.


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New information about TRAC and financial sustainability published from April 2018 can be found via the Office for Students website.

Information published up to March 2018 will continue to be available on these pages.


TRAC provides institutions with useful management information. This is enhanced by benchmarking data which is produced for each institution against their TRAC peer group and across the sector.

Since 2009, FSSG and TDG have undertaken a number of management information projects (MIPs) to improve the utility of TRAC management information.

MIPs 2015-16

The latest suite of MIPs are sector-led, providing practical insights in to how to tackle the subject areas. They offer pathways to improved management information and scope for increasing the efficiency and timeliness of the TRAC process, such that greater time can be allocated to analysis and more forward looking matters.

MIP publications from the TRAC Development Group are designed for senior academics, planners and finance staff.

MIPs 2009-11

These projects focused on the need for all universities and colleges to understand and manage the factors that influence their performance and sustainability as institutions.

The work – carried out in 2009 - was supported throughout by HEFCE’s Leadership, Governance and Management Fund.

The document 'Achieving academic and financial sustainability: Guidance for forward-looking institutions' and the four guides summarise the project outcomes. They offer advice and guidance for institutions who want more use of TRAC data.

We have also published a one-page summary for each project. This should help institutions to communicate the issues and opportunities within their institutions.

Page last updated 28 March 2018