ERIC Number: ED069211
Record Type: RIE
Publication Date: 1972-May
Reference Count: 0
Review of the Ontario Operating Grants Formula. Interim Report.
Council of Ontario Universities, Toronto.
The Operating Grants Formula utilized by the Council of Ontario Universities, has as its sole purpose to provide an objective mechanism for determining the share of the total provincial operating grant to be allocated to each university. It is not intended to limit or control the expenditure of funds granted to the universities, but institutions must be held accountable for expenditures that they might receive a "fair share" of the financial allocations. The grants formula is relatively simple, being based on weighted enrollments that produce a reasonable degree of objective equality of grants distribution. (Author/HS)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Council of Ontario Universities, Toronto.