TRAC
Transparent Approach to Costing (TRAC)
TRAC is the methodology used by higher education institutions (HEIs) in the UK for costing their activities. HEFCE has supported the development and implementation of TRAC in HEIs since its inception and seeks to ensure that TRAC is fit for purpose in meeting institutions' and stakeholder needs. See:
http://www.hefce.ac.uk/finance/fundinghe/trac/
TRAC support:
