The type and formula of most schemes of philanthropy or humanitarianism is this: A and B put their heads together to decide what C shall be made to do for D.
But first he wants to replace the current centralised but arbitrary arrangements for funding federal universities with a British-style system, in which each manages its own finances but is funded according to a standard formula tied to the number of students on each type of course.
Though the formula cannot be boiled down to just a few elements, one of the keys to being able to offer that type of intuitive experience is to make something that is natural and consistent, avoiding surprises.