New methods of financing higher education used in Australia, the United States, and the United Kingdom are summarized and compared. The paper concludes that while these approaches are designed to improve efficiency, realize specific outcomes, and leverage additional funds from other sources, they may have unanticipated, unintended, and, in some…

This publication presents excerpts from a literature review on the process of budgeting and assessing financial need requirements for public colleges and universities. Excerpts highlight funding formula approaches used by some states and higher education institutions, linking funding with educational quality, funding formula development and…