Vote Tertiary Education Summary of Initiatives 2021
Vote Tertiary Education Initiatives | Description |
---|---|
Continued Support to the Wānanga Sector Operating Funding $increase/($decrease)
Five-year operating total: 32.250 million |
This initiative will continue support for wānanga to undertake research and educational delivery that protects and advances mātauranga Māori. |
Cost Adjustment to Tertiary Tuition and Training Subsidy Operating Funding $increase/($decrease)
Five-year operating total: 110.747 million |
This initiative provides funding for a 1.2% increase in tertiary education tuition and training subsidies to support providers to maintain quality and ensure their delivery remains relevant and responsive to students’ and employers’ needs. The increase strikes a balance between helping providers manage increases in delivery costs with an expectation that providers make effective and efficient investments to maintain quality and sustainability. |
Ensuring the Viability of Vocational Education and Training Operating Funding $increase/($decrease)
Five-year operating total: 279.508 million |
This initiative provides a 13.4% increase in Vocational Education and Training (VET) funding by 2024. This funding will also support the implementation of the new unified funding system for vocational education from 1 January 2023, a key part of the Reform of Vocational Education. The new system will better support high quality work-integrated provision, better support learner needs and help sustain a network of VET provision in our regions. |
Extending the Temporary Hardship Fund for Learners in Tertiary Education Operating Funding $increase/($decrease)
Five-year operating total: 5.803 million |
This initiative will provide funding for a temporary extension of the COVID-19 Hardship Fund for Learners in tertiary education in the 2021 calendar year. Some learners will have lower incomes, reduced financial support from their families and may face additional costs this year due to the ongoing impacts of COVID-19 that go beyond the current levels of support, or may not be supported by student loans and allowances. This initiative will help students in hardship remain connected to their education provider and engaged in their learning. |
Reform of Vocational Education - Transition and Integration Phase Operating Funding $increase/($decrease)
Capital Funding $increase/($decrease)
Five-year operating total: 27.400 million Five-year capital total: 13.850 million |
This initiative provides funding to retain capability, and to build a data interface, to support the transition and integration phase of the Government’s Reform of Vocational Education (RoVE). This will enable the Tertiary Education Commission, New Zealand Qualifications Authority and Ministry of Education to implement changes necessary to deliver the skills and opportunities that learners, employers, industries, and regions need to prosper. This is the Vote Tertiary Education component of a cross-vote initiative. See also Reform of Vocational Education – Transition and Integration Phase in Vote Education. |
*Includes outyears funding |
For more detailed information on specific initiatives for Tertiary, visit the Tertiary Education Commission website.
Tertiary fact sheet(external link)
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