OCUFA has released its Funding Formula Review Handbook, designed to help faculty members, students, and other interested individuals make sense of the government’s consultations around funding formula reform.
The handbook collects the many articles and analysis pieces on the funding released throughout March and April in OCUFA Report. The handbook contains OCUFA’s principles for the funding formula; a critical analysis of performance- or outcomes-based funding; an overview of the structure of the funding formula, as well as its strengths and weaknesses; and a look at some of the myths around the current method of allocating funding to Ontario’s universities.
The information contained in the handbook will inform OCUFA’s ongoing engagement with the funding formula consultations. We will also be writing a more comprehensive response to the government’s discussion paper, which will release publicly in September. In the meantime, we hope the handbook will also help individuals across Ontario better understand the issues around the current formula, and participate in discussions around its reform.
The complete handbook can be downloaded here.