Graduate Outcomes Subscription
The subscription model for Graduate Outcomes reflects the cost of delivering the service and is distributed across providers in an equitable way.
The Graduate Outcomes subscription is made up of a fixed element and a variable element. The fixed element reflects the fixed costs of the service which include things like the management of the data specification, the provider support service and the analysis and publication functions. The variable element is specific to each institution and is driven by the number of graduates that fall within the survey population for each provider.
The current Graduate Outcomes subscription fee for the 2018/19 collection has a fixed fee component of £500 per institution and a variable element of £6.75 per graduate within the survey population.
The costs of the 2019/20 collection are yet to be determined and will be communicated with the other costs linked to the new subscription model.
Opt-in question bank costs
We offer each institution the option to select additional opt-in question banks (pre-determined supplementary questions that sit outside of the core set of survey questions). The opt-in question banks are each individually priced and depend on two factors: the opt-in bank selected and the number of students in the Graduate Outcomes population that are eligible for the question set.
For the 2018/19 collection, providers are able to select up-to 3 opt-in question banks (up to a maximum of three) as no statutory customers have chosen to mandate any of them. A breakdown of each individual bank cost can be found below:
|Opt-in question banks||Population covered||Net cost per graduate in the population||VAT||Total cost per graduate in the population|
|I - Finding a job||All graduates||21p||4p||25p|
|J - Net Promoter Score||All graduates||21p||4p||25p|
|K - Graduate Choice||All graduates||21p||4p||25p|
|L - Research Students||All research council graduates (as defined in the Student record)||96p||19p||£1.15|
|M - Newly Qualified Teachers||All teacher training graduates (as defined in the Student/AP Student records)||38p||7p||45p|
|N - Careers Service||All graduates||10p||0||10p|
Providers will be responsible for calculating the cost of their selected opt-in question bank(s) based off the above information and will be invoiced the cost of their selection after the opt-in bank deadline.
The Graduate Outcomes subscription will be invoiced in February 2020 to cover the period 1 February 2020 to 31 July 2020, and in August to cover the period 1 August 2020 to 31 January 2021. See HESA Subscription – February 2020 onwards.
For Graduate Outcomes 40% of the annual fee will be invoiced for the February to July period, and 60% invoiced for the August to January period.