In higher education, the regulators perform which of the following functions?

In higher education regulators grant permission to award degrees, disburse public funds, and set quality benchmarks.

Granting permission to award degrees is a core regulatory power that decides who may confer valid qualifications.

Disbursing public funds to institutions is another regulatory function, as with the grants commission.

Quality benchmarking, the setting and checking of standards, is central to regulation.

Selection of teaching faculty is an institutional matter, not a regulator's task.

Regulators thus shape the framework within which institutions run rather than manage their internal staffing.