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Funding & Finance Policies
Funding and finance educational Policies encompass approaches and guidelines to secure adequate financial resources, optimize expenditure, and ensure collaboration between multiple stakeholders to support educational initiatives. These policies ensure that educational institutions have the necessary funding and financial mechanisms to invest in educational technology, promote cost efficiency, provide financial aid and tuition assistance, facilitate partnerships between the public and private sectors, and allocate resources equitably.
February 5, 2006
Promote well-designed financing arrangements for adult education and training
Funding & Finance PoliciesGiven the disproportionately lower rates of participation in adult learning by disadvantaged groups, older workers, and small firms, governments might need to set up incentives, such as a range of financial arrangements, as a way to overcome typical barriers to adult learning take-up. Funding mechanisms that co-finance adult learning expenses by firms and adults, or that allow individuals to have greater choice of learning opportunities can raise the efficiency of provision.