The funding model for the pay as you go schemes in the public sector cost about 4% to run.
An innovative funding model is needed as incentive to drive these behaviors above.
The 2008 legislation established a 50%-50% public/private funding model that has proven successful.
Poet in the City has an original funding model.
In response, the board considered whether to cease expansion plans or move to a new funding model.
Financing your business requires research to find the most appropriate funding model.
Recently, the funding model has changed to 2 + 3 years.
"This represents a new funding model for parents and schools," he said.
This funding model applies not just to the central society itself but also to the individual institutes.
It's unlikely to happen with the current funding model of course.