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Supporting the development of an innovative nation

Hon Steve Maharey
Associate Minister of Education (Tertiary Education)

Supporting the development of an innovative nation

A $490 million budget package fosters excellence by tertiary education providers.

For the first time proposed tertiary tuition subsidy rates for the next three years are being outlined, rather than only those for the following year. This gives tertiary education organisations greater long-term financial certainty. Other new investments support high quality research and the realisation of the Tertiary Education Strategy.

Associate Education (Tertiary Education) Minister Steve Maharey said with the tertiary education reforms now in place, the focus of the budget this year was on providing predictability so that the sector could get on with meeting the needs of learners, business and the community.

“$421.9 million [all figures over four years unless stated] will be invested to increase the Student Component of the tertiary funding system by 3 per cent in 2004. This compares with a projected CPI increase over the same period of 1.8 per cent.

“For the following two years, rates will be increased by the CPI. Further adjustments may be made following consideration of the recommendations of a review of funding categories.

“Funding for the Performance Based Research Fund is being phased in over the next five years. The budget allocates an additional $3.9 million for the 2004 academic year, rising to $10.3 million in 2006 which, combined with the funding allocated in Budget 2002, produces a real increase of $20 million a year in that year.

“$30 million supports the continuation of a contestable Innovation and Development Fund established in Budget 2002 for projects aligned with the Tertiary Education Strategy. This will allow us to maintain the momentum of improving capability and connectedness to the needs of business and the community.

“$150,000 has been allocated in 2004 for the preliminary phase of a review and strategic plan for the tertiary education workforce. This will enable consultation on the scope and process for the review,” Steve Maharey said.

The package takes the government’s total new investment in post-school education in Budget 2003 to more than half a billion dollars.

Other initiatives include: $85 million for industry training (announced on 1 May), a $56 million package to get all 15 to 19 year olds involved in education, training or work (announced on 9 May) and increased funding for adult literacy initiatives (announced by Associate Education Minister Marian Hobbs).

ENDS

Attached: Student Component funding rates, 2004-2006.

2004 TEI Funding Rates ($/EFTS, GST incl.)

Tertiary Tuition Subsidy Category Non Degree Undergrad Degree Taught Postgrad Research Postgrad Foreign Research-Based
A Arts; Social Sciences; Business; Accountancy; General, including Community Education; Law 5,707 5,881 7,630 13,139 2,555
B Science; Computing; Engineering (non Degree); Agriculture (non Degree); Nursing; Trades; Architecture (non Degree); Fine Arts; Music 8,734 9,111 12,920 23,905 4,684
C Engineering (Degree); Agriculture (Degree); Architecture (Degree); Audiology 10,500 10,979 15,478 28,929 5,596
G Dentistry; Veterinary Science; Medicine 20,476 20,575 20,476 5,089
H Specialist Large Animal Science 17,133 21,662 35,083 3,935
I Teaching 8,134 8,306 10,057 15,566 2,555
J Business; Accountancy; Law 5,707 5,881 7,630 13,139 2,555

2004 PTE Funding Rates ($/EFTS, GST incl.)

Tertiary Tuition Subsidy Category Non Degree Undergrad Degree Taught Postgrad Research Postgrad Foreign Research-Based
A Arts; Social Sciences; Business; Accountancy; General, including Community Education; Law 5,165 5,321 6,905 11,891 2,313
B Science; Computing; Engineering (non Degree); Agriculture (non Degree); Nursing; Trades; Architecture (non Degree); Fine Arts; Music 7,904 8,245 11,693 21,633 4,239
C Engineering (Degree); Agriculture (Degree); Architecture (Degree); Audiology 9,503 9,936 14,007 26,180 5,065
G Dentistry; Veterinary Science; Medicine 18,532 18,621 18,532 4,606
H Specialist Large Animal Science 15,506 19,605 31,750 3,561
I Teaching 7,361 7,518 9,102 14,087 2,313
J Business; Accountancy; Law 5,165 5,321 6,905 11,891 2,313

Add-ons per EFTS ($ GST incl) 2004 rates

Qualification
Clinical Psychology - course classification #34 -$363
Dentistry (year 2-5 EFTS) - course classification #07 $13,665
Dietetics - course classification #36 $895
Foreign - going Nautical - course classification #38 $6,878
Medical Laboratory Science - course classification #33 $172
Medical Radiation Therapy - course classification #30 $6,406
Medicine (years 4, 5 & 6) - course classification #37 $6,039
Midwifery (1 year) - course classification #26 $3,777
Midwifery (3 year) - course classification #27 $1,879
Nursing - course classification #24 $948
Occupational Therapy - course classification #28 $172
Pharmacy - course classification #31 $948
Speech and Language Therapy - course classification #32 $171

These are calculated from the 2003 TEI and PTE “accepted fee stabilisation” funding rates. These rates have been adjusted by 3% and additional funding is included for support of taught post-graduate. A proportion of the research top-ups are transferred to the PBRF.

2005 TEI Funding Rates ($/EFTS, GST incl.)

Tertiary Tuition Subsidy Category Non Degree Undergrad Degree Taught Postgrad Research Postgrad Foreign Research-Based
A Arts; Social Sciences; Business; Accountancy; General, including Community Education; Law 5,838 5,996 7,412 12,596 2,614
B Science; Computing; Engineering (non Degree); Agriculture (non Degree); Nursing; Trades; Architecture (non Degree); Fine Arts; Music 8,935 9,278 12,361 22,730 4,792
C Engineering (Degree); Agriculture (Degree); Architecture (Degree); Audiology 10,741 11,177 14,815 27,499 5,725
G Dentistry; Veterinary Science; Medicine 20,845 20,845 20,845 5,206
H Specialist Large Animal Science 17,442 21,081 33,764 4,025
I Teaching 8,321 8,478 9,895 15,079 2,614
J Business; Accountancy; Law 5,838 5,996 7,412 12,596 2,614

2005 PTE Funding Rates ($/EFTS, GST incl.)

Tertiary Tuition Subsidy Category Non Degree Undergrad Degree Taught Postgrad Research Postgrad Foreign Research-Based
A Arts; Social Sciences; Business; Accountancy; General, including Community Education; Law 5,284 5,426 6,708 11,400 2,367
B Science; Computing; Engineering (non Degree); Agriculture (non Degree); Nursing; Trades; Architecture (non Degree); Fine Arts; Music 8,086 8,396 11,186 20,570 4,337
C Engineering (Degree); Agriculture (Degree); Architecture (Degree); Audiology 9,721 10,115 13,408 24,887 5,181
G Dentistry; Veterinary Science; Medicine 18,866 18,866 18,866 4,712
H Specialist Large Animal Science 15,786 19,079 30,557 3,643
I Teaching 7,531 7,673 8,955 13,646 2,367
J Business; Accountancy; Law 5,284 5,426 6,708 11,400 2,367

Add-ons per EFTS ($ ,GST incl.) 2005 rates

Qualification
Clinical Psychology – course classification #34 -$371
Dentistry (year 2-5 EFTS) - course classification #07 $13,979
Dietetics - course classification #36 $916
Foreign - going Nautical - course classification #38 $7,037
Medical Laboratory Science - course classification #33 $176
Medical Radiation Therapy - course classification #30 $6,553
Medicine (years 4, 5 & 6) - course classification #37 $6,178
Midwifery (1 year) - course classification #26 $3,864
Midwifery (3 year) - course classification #27 $1,922
Nursing – course classification #24 $969
Occupational Therapy - course classification #28 $176
Pharmacy – course classification #31 $969
Speech and Language Therapy - course classification #32 $175

These are calculated from the 2004 TEI and PTE funding rates. These rates have been adjusted by the expected CPI of 2.3%, the BEFU estimate for the year ending December 2005. A proportion of the research top-ups are transferred to the PBRF.

2006 TEI Funding Rates ($/EFTS, GST incl.)

Tertiary Tuition Subsidy Category Non Degree Undergrad Degree Taught Postgrad Research Postgrad Foreign Research-Based
A Arts; Social Sciences; Business; Accountancy; General, including Community Education; Law 5,961 6,062 6,965 10,274 2,669
B Science; Computing; Engineering (non Degree); Agriculture (non Degree); Nursing; Trades; Architecture (non Degree); Fine Arts; Music 9,123 9,341 11,309 17,926 4,893
C Engineering (Degree); Agriculture (Degree); Architecture (Degree); Audiology 10,967 11,245 13,567 21,661 5,845
G Dentistry; Veterinary Science; Medicine 20,972 20,972 20,972 5,316
H Specialist Large Animal Science 17,548 19,870 27,964 4,110
I Teaching 8,496 8,596 9,500 12,808 2,669
J Business; Accountancy; Law 5,961 6,062 6,965 10,274 2,669

2006 PTE Funding Rates ($/EFTS, GST incl.)

Tertiary Tuition Subsidy Category Non Degree Undergrad Degree Taught Postgrad Research Postgrad Foreign Research-Based
A Arts; Social Sciences; Business; Accountancy; General, including Community Education; Law 5,395 5,486 6,304 9,298 2,416
B Science; Computing; Engineering (non Degree); Agriculture (non Degree); Nursing; Trades; Architecture (non Degree); Fine Arts; Music 8,256 8,454 10,234 16,222 4,428
C Engineering (Degree); Agriculture (Degree); Architecture (Degree); Audiology 9,925 10,177 12,278 19,603 5,290
G Dentistry; Veterinary Science; Medicine 18,981 18,981 18,981 4,811
H Specialist Large Animal Science 15,882 17,983 25,308 3,719
I Teaching 7,689 7,780 8,598 11,591 2,416
J Business; Accountancy; Law 5,395 5,486 6,304 9,298 2,416

Add-ons per EFTS ($, GST incl.) 2006 rates

Qualification
Clinical Psychology - course classification #34 -$379
Dentistry (year 2-5 EFTS) - course classification #07 $14,273
Dietetics - course classification #36 $935
Foreign - going Nautical - course classification #38 $7,184
Medical Laboratory Science - course classification #33 $180
Medical Radiation Therapy - course classification #30 $6,691
Medicine (years 4, 5 & 6) - course classification #37 $6,308
Midwifery (1 year) - course classification #26 $3,945
Midwifery (3 year) - course classification #27 $1,962
Nursing - course classification #24 $990
Occupational Therapy - course classification #28 $180
Pharmacy - course classification #31 $990
Speech and Language Therapy - course classification #32 $179

These are calculated from the 2005 TEI and PTE funding rates. These rates have been adjusted by 2.1%, the BEFU inflation estimate for the year ending December 2006. A proportion of the research top-ups are transferred to the PBRF.

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