Expert Group's Role in Future Funding of Irish Higher Education
The Expert Group on the Future Funding of Irish Higher Education, led by Rory O'Donnell, outlines a comprehensive approach focusing on the role, value, and sustainable funding of higher education in Ireland. Emphasizing quality student experiences, knowledge innovation, and meeting labor market needs, the group presents a strategic vision for the future of Irish higher education.
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Presentation Transcript
The Approach Adopted by the Expert Group on the Future Funding of Irish Higher Education Rory O Donnell Director, NESC
The Expert Groups Approach Phase 1: Role and Value of Higher Education Phase 2: Optimising Resources in Irish Higher Education Phase 3: Sustainable and Ambitious Approach to Funding
Phase 1 - Role and Value of Higher Education Quality student experience: A quality student experience & qualification reflecting scholarship across the humanities, social science & STEM is the most important contribution to students, the economy & society.
Phase 1 - Role and Value of Higher Education Quality student experience: A quality student experience & qualification reflecting scholarship across the humanities, social science & STEM is the most important contribution to students, the economy & society. Supporting knowledge & innovation: The innovation process is changing, increasingly a quadruple helix , in which four spheres higher education, business, government & civil society cooperate in a problem solving way.
Phase 1 - Role and Value of Higher Education Quality student experience: A quality student experience & qualification reflecting scholarship across the humanities, social science & STEM is the most important contribution to students, the economy & society. Supporting knowledge & innovation: The innovation process is changing, increasingly a quadruple helix , in which four spheres higher education, business, government & civil society cooperate in a problem solving way. Meeting labour market needs: The knowledge & capabilities of graduates must meet the advancing needs of the economy, society & public system
Phase 1 - Role and Value of Higher Education Quality student experience: A quality student experience & qualification reflecting scholarship across the humanities, social science & STEM is the most important contribution to students, the economy & society. Supporting knowledge & innovation: The innovation process is changing, increasingly a quadruple helix , in which four spheres higher education, business, government & civil society cooperate in a problem solving way. Meeting labour market needs: The knowledge & capabilities of graduates must meet the advancing needs of the economy, society & public system Equitable access: Equitable access to higher education is a core part of the social contract & essential to ensuring that higher education delivers maximally for our economy & society.
Phase 2 Optimising Resources: Four Areas Reviewed 1. Management: Internal organisation, management, incentives, culture & norms 2. Technology: As an enabler of change & developments in Ireland 3. Structural Change: Institutional architecture, relationship between the state & higher education institutions & academic provision 4. Funding and Resource Allocation: Irish funding allocation model & internal allocation models
Phase 3 Sustainable Approach to Funding Vision for higher education as enabling Ireland s development as a successful society Higher education Strategy and System Re-configuration Enhancing the four contributions of higher education Adequate & sustainable funding three main sources
Funding Higher Education: Three Sources Student/ Family Public Higher Education Private
Phase 3 Exploring A New Approach to Funding Guiding Principles under discussion include Create funding to meet national ambition Use all three sources: public, student and enterprise Core funding primarily for quality education & scholarship Supporting access & participation of low income students Any consideration of loan scheme & adjusted fees subject to wider principles Principles & analysis will prompt design questions concerning: Public funding: both core funding & income maintenance Student/family contribution: Private:
