SAC level 3 and above funding rates

0
12

Source: Tertiary Education Commission

Increases in funding rates
Budget 2016 included targeted increases to SAC tuition rates at degree-level and above for science, agriculture and horticulture, and veterinary science, as well as an increase for undergraduate medicine. It also increased all sub-degree rates (for SAC Level 3 and above) by 2%.
Specifically:
Science [#18]: degree-level and above increased by approximately 5% for funding categories V2-V4
Agriculture and Horticulture [#01] and Large Animal Science [#39]: degree-level and above increased by approximately 16% for funding categories H2-H4
Undergraduate Medicine: the rate for years 2-3 [#15] was aligned with the rate for years 4-6 [#37]
Veterinary Science: the rates for all veterinary science were aligned, and are now funded at the same rate
Sub-degree tuition rates: the level 1 categories for sub-degree tuition were increased by 2%, aligning most with the degree-level rate:
funding categories A1, B1, C1, I1, J1, L1, and N1 were aligned with the A2, B2, C2, I2, J2, L2, and N2 rates, and
funding categories M1, P1, S1, and V1 increased by 2%.

2017 funding rates
The table below provides an overview of the funding rates available by the alphabetic and numeric codes (categories) for different course classifications. These rates applied from 1 January to 31 December 2017. 
A PDF of this table is available here.
A PDF of this table is available 2017 SAC level 3 and above funding rates (PDF, 372 Kb)
All Subsectors (GST Exclusive)      

Alphabetic code (category)(classification by grouped course classifications)

Course classification (1-39)*  
Numeric code (category) (classification by level and content of study)    
1
2
3
4
5
A

Arts [#03],Social Sciences [#03],General [#5.2],Vocational Training for Industry [#22.1]

$6,135
$6,135
$7,743
$8,189
$3,405
B

Computer Science [#06]Fine Arts; Design [#12]Health-related Professions [#17]Music and Performing Arts [#16]Vocational Training for Industry [#22.1]Architecture (non-degree) [#02]Medical Imaging [#25]Occupational Therapy [#28]Clinical Psychology [#34]

$9,384
$9,384
$11,931
$12,827
$6,242
C

Engineering, Technology [#11]Health Sciences [#13]Architecture (degree) [#02]Vocational Training for Industry [#22.1]Midwifery [#27]Physiotherapy [#29]Speech Language Therapy [#32]Medical Laboratory Science [#33]Audiology [#35]

$11,282
$11,282
$14,339
$15,432
$7,455

GNot valid for PTEs

Medicine (postgraduate only) [#15]Dentistry (postgraduate only) [#07]

 
 
$26,154
$26,154
$6,779
H

Agriculture and Horticulture (degree) [#01]Specialist Large Animal Science [#39]

 
$20,344 
$25,656
$26,920
$5,244
I

Teaching [#19.1]Teaching [#19.2]Teaching [#20]

$8,741
$8,741 
$10,975
$11,420
$3,405
J

Business, Accountancy [#04]Law [#14]Vocational Training for Industry [#22.1]

$6,135 
$6,135
$7,743
$8,189
$3,405
L

Osteopathy, Acupuncture [#3.1]Vocational Training for Industry [#22.1]Agriculture and Horticulture (non-degree) [#01]Nursing [#24]

$10,545 
$10,545
$13,294
$14,189
$6,954
M

Pilot Training [#11.2]Dental Therapy [#17.3]Optometry [#13.1]Pharmacy [#31]

$13,429
$15,301
$19,213
$20,459
$8,763
N

Priority Engineering [#11.1]Dietetics [#36]

$12,518
$12,518
$15,747
$16,948
$8,187

ONot valid for PTEs

Medical Radiation Therapy [#30]
 
$18,160
 
 
 
P

Vocational Training for Industry [#22.1]Trades 2 [#22]

$10,137
 
 
 
 

QNot valid for PTEs

Veterinary Science [#23]Veterinary Science (years 3–5) [#23.3]

 
$27,521
$27,521
$27,521
$6,779

RNot valid for PTEs

Dentistry undergraduate (years 2-5) [#07]
 
$51,690
 
 
 

SNot valid for PTEs

Foreign-Going Nautical [#38]
$18,667
 
 
 
 

TNot valid for PTEs

Medicine undergraduate (years 2-3 ) [#15]
 
$42,622
 
 
 

UNot valid for PTEs

Medicine undergraduate (years 4–6) [#37]
 
$42,622
 
 
 
V
Science [#18]
$10,971
$13,408
$16,903
$18,040
$7,236
* Note: For detailed information, and to ensure the course classification you enter in STEO is valid, see the SAC 1-39 Course Classification Guide.
** Note: Numeric code 4: the SAC level 3 and above definition for “research-based” and therefore eligible to attract numeric code 4 funding rates, is that the research component comprises at least 1.0 EFTS.

MIL OSI

Previous articleRedevelopment for Brooklyn School complete
Next articleFunding and payments