Education Policy | Post Primary | Preschool | Primary | Tertiary | Search


TEC announces a new integrated funding system

Thursday 2 June 2005

TEC announces a new integrated funding system for PTEs The TEC has developed a new integrated funding system for Student Component Funded Private Training Establishments that will make sure government money is being used to deliver relevant and quality education and training.

Under the new system, PTEs will receive a baseline funding allocation and an opportunity to apply for additional funding.

"This will provide high performing PTEs with the opportunity to increase the number of programmes they offer or the number of students they have in areas of proven relevance and need," said Acting Tertiary Education Commission General Manager, Colin Webb.

The new baseline funding allocations sent to PTEs this week also included significant reductions for a number of providers. Dr Webb said it is important to realise that these reductions were made because some providers were not using their allocations.

"However, the new system allows for PTEs who have been given a baseline allocation reduction to apply for more funding. They will need to show that any new programme meets the tests of quality and relevance though, and that students will enrol in it."

PTEs are an integral part of the tertiary education sector with many addressing training needs not met by other tertiary education providers. There are about 200 private providers receiving approximately $150 million in public funding from the TEC via the Student Component Fund.


© Scoop Media

Culture Headlines | Health Headlines | Education Headlines

Legendary Bassist David Friesen Plays Wellington’s Newest Jazz Venue

Friesen is touring New Zealand to promote his latest album Another Time, Another Place, recorded live at Auckland's Creative Jazz Club in 2015. More>>

Howard Davis Review: The Father - Descending Into The Depths of Dementia

Florian Zeller's dazzling drama The Father explores the effects of a deeply unsettling illness that affects 62,000 Kiwis, a number expected to grow to 102,000 by 2030. More>>

Howard Davis Review: Blade Runner Redivivus

When Ridley Scott's innovative, neo-noir, sci-fi flick Blade Runner was originally released in 1982, at a cost of over $45 million, it was a commercial bomb. More>>

14-21 October: New Zealand Improv Festival In Wellington

Imagined curses, Shibuya’s traffic, the apocalypse, and motherhood have little in common, but all these and more serve as inspiration for the eclectic improvised offerings coming to BATS Theatre this October for the annual New Zealand Improv Festival. More>>


Bird Of The Year Off To A Flying Start

The competition asks New Zealanders to vote for their favourite bird in the hopes of raising awareness of the threats they face. More>>

Scoop Review Of Books:
K Emma Ng's Old Asian, New Asian

This book, written by a young second-generation Chinese New Zealander, gives many examples of the racism that Asian New Zealanders experience. More>>