ERIC Number: ED070366
Record Type: RIE
Publication Date: 1967-Aug-24
Reference Count: 0
Report to the Committee on University Affairs on the Value of the Basic Income Unit for 1968-69.
Committee of Presidents of Universities of Ontario, Toronto.
This document presents a working example of the funding formula utilized by the Committee of Presidents of Universities of Ontario. The formula is used in this study to determine the value of the basic income unit for Ontario universities for academic year 1968-69 by projecting additional needs of the universities from the 1967-68 data. By projecting the number of fulltime equivalent professors and students at the individual universities, the basic income unit can be derived. The formula pertains, in this report, only to those universities that have been well established and have been in operation long enough to make accurate projections. A separate formula has been derived for the newer emerging universities. (HS)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Committee of Presidents of Universities of Ontario, Toronto.