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.
MSI quick links
- Read the full report on the implementation of the MSI (November 2017)
- Read the update on the impact of MSI in the 2016-17 TRAC return and charge out rates (January 2018)
- Find further guidance on treatment of RDEC income in the MSI calculation for the 2016-17 TRAC return (January 2018)
Background to the MSI
The MSI is a forward-looking, institution specific measure, which is intended to calculate the level of cash generation the institution requires for sustainability based on its own financial strategy and investment needs.
It was developed by the Financial Sustainability Strategy Group (FSSG) as an alternative basis for the economic adjustments previously used in TRAC: the Return for Financing and Investment and the Infrastructure Adjustment.
Development of the MSI
Prior to its launch in 2017, the MSI was piloted with the HE sector for several years and was tested extensively in order to develop a robust framework for implementation.
Information on the early development of the MSI can be found on the Assessing Sustainability pages, as the MSI and Annual Sustainability Assurance Report (ASSUR) were initially developed in tandem.