How are open universities funded? Compare any two open universities of

Question

How are open universities funded? Compare any two open universities of two countries and establish similarities and differences.

05 Apr 2022

Answer :

Word Count : 732

Tuition Fees

This is made up of tuition fees for OU modules and programmes, directly from students or sponsors, and from the Student Loans Company and Open University Student Budget Accounts Limited (OUSBA). OUSBA provides credit facilities to OU students to allow them to pay tuition fees in instalments.

Funding Body Grants

This is made up of grants received from all funding bodies. Because The Open University operates across the whole of the UK we are funded for our teaching activities by all the national higher education funding bodies. For research, we are funded by Research England, and not by any of the other national funding bodies.

Research Grants and Contracts

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