Funding models determine the ways in which funding is allocated to organisations or individuals to enable and support the provision of a good or service. In education and training systems they set out the mechanisms by which financial resources are made available to providers, individual learners, and other users.  Successful funding model design plays an important part in the quality of education and training programs and equity of access to education and training opportunities for disadvantaged learners. Research in this area covers aspects such as the efficiency and cost effectiveness of models of funding, their impact on equity of access, and their contribution to the skill development needs of individuals, employers and economies.