Cash gap if cap doesn’t fit | Andrew Trounson and Julie Hare | The Australian Higher Education | 26 January, 2011
AUSTRALIA’S universities will have spent about $200 million of their own money enrolling unfunded domestic students by the time the Gillard government uncaps the supply of government-funded places next year. According to calculations by the HES, the 18 universities that expect to have unfunded load this year are forgoing about $106m in government student funding. Over 2010 and 2011 that is likely to amount to about $200m. It represents an annual cost of about 0.5 per cent of the sector’s revenue, a saving for the Treasury at the expense of universities.