Recommended Sponsor Painted-Moon.com - Buy Original Artwork Directly from the Artist

Source: Tertiary Education Commission

2021 ACE in Communities indicative allocations
Purpose of ACE in Communities funding
The purpose of the ACE in Communities is to purchase provision that provides adults with community-based education foundation skills, and pathways into other learning opportunities which meet community learning needs.
How we calculated your 2021 indicative allocation for ACE in Communities
The information below provides a summary of how your indicative allocation was calculated. For more details regarding your specific allocation, please contact customerservicegroup@tec.govt.nz or your Relationship Manager.
Your prior performance information was used to calculate your 2021 indicative allocation.
Starting point
To determine the starting point for calculating your 2021 indicative allocation we compared your 2019 actual ACE in Communities delivery with your 2020 allocation.
Note: Your 2019 actual delivery has been adjusted for any additional funding provided (including flexible funding), funding rate increases, and significant policy changes. Your reviewed 2020 allocation includes plan changes and excludes one off adjustments. We make these adjustments to ensure we are accurately comparing your 2019 actual delivery with your 2020 allocation, in dollar terms.
If your 2019 actual delivery was below 100%, we used the lesser of either your:
2019 actual delivery, or
2020 allocation
If your 2019 actual delivery was 100% or above, we used your:
2020 allocation
If you delivered ACE in Communities for the first time in either 2019 or 2020, we used your:
2020 allocation
Determining your final 2021 funding allocation
To determine your final 2021 allocation and Plan approval, we will consider the following information in our assessment and/or engagements with you:
Your actual delivery volumes as submitted through Workspace2.
Key changes to our approach for 2021
In previous years, the starting point was calculated using actual delivery and was not adjusted based on whether delivery was below or at 100%. Further plan increases or in-year adjustments were not accounted for.
We will now take into account if delivery volume was at or below 100% and will include in-year Plan adjustments where necessary.

MIL OSI