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Historical public founding formulas
(Steyn, 2007)
•
Holloway (1953): Partly market oriented but basic
teaching provision independent of market.
•
Van Wyk de Vries (vWdV) (1977): Some state
involvement, for example, centrally determined
personnel remuneration.
•
SAPSE (1984): Completely market oriented and
almost fifty per cent based on output measures;
•
SAPSE (1993): Growth restrictions on student
growth and almost fifty per cent based on output
measures
•
New Founding Formula (2003): Government
determines the size and shape of HE from year to
year.