Published on Fri, 19/03/2021 - 10:43
The University’s calculated fEC rates for 2019-20 are showing a significant decrease compared to 2018-19. This is believed to be an anomalous result arising from the impact of the Covid-19 pandemic. The University believes this may be an issue for the sector and has requested that the TRAC Development Group investigate the issue once the Office for Students has received and analysed all the TRAC Returns for 2019-20. As a consequence the University is taking the option in the TRAC Guidance to continue to use the 2018-19 rates for up to six months after the TRAC submission. Therefore, all rates (Indirect, Estates lab and Non-lab and Facilities) will remain the same, until further notice.