United Conservatives to transform Alberta post-secondary funding
The Alberta government has announced plans for a total transformation of its funding model for post-secondary institutions in the province.
A new outcomes-based approach will begin on Apr. 1, 2020 aiming to increase transparency and accountability while building a modern and diverse workforce for the future, according to the Ministry of Advanced Education.
Under the new model, a portion of government funding to 26 colleges, universities and polytechnics will be based on achieving key performance measures.
Performance measures are hoped to encourage institutions to improve services, increase efficiencies and create opportunities for Albertans through strong labour market outcomes and innovative programs and research.