Source: Tertiary Education Commission
What happens if TEC is looking to partially fund a proposal, but a PTE does not have sufficient funds to make up the difference?
We will have a conversation with you where we would look to partially fund a proposal.
If we were looking to partially fund a proposal, we would look to engage with you around your ability to implement a reduced version of your proposal. A provider’s ability to deliver on a proposal and achieve its outcomes is a key aspect to realising the purpose of this funding, and we appreciate that partial funding could impact a proposal’s viability.
How does TEC view proposals that are about ‘preparing the ground’ for a further application (in 2023 for 2024 funding) to offer work-based learning in 2024?
We encourage proposals that are about ‘preparing the ground’ as this goes to the purpose of this funding to support the strategic shifts being sought through this work.
That said, it is important to remember for the 2023 round, funding is only available for one year. While we cannot guarantee future funding, you can come back for funding in out years if you are looking to apply for funding for the same or a similar initiative in subsequent years.
What is the current amount of funding available?
At present, $4.4million is a suitable estimate of how much funding is available for programme development and maintenance. Our intention is to spend all available funding.
We understand the UFS relates to Level 3-7, is this correct?
The UFS relates to levels 3 -7 (non-degree) and to level 1 and 2 work-based industry training (i.e. level 1 and 2 industry training that is provider based comes under SAC).
Is the funding for one (1) year?
For 2023, funding is for one (1) year.
Can you please give some guidance on your expectations for Capital Maintenance or Expenditure?
Examples of evidence for this could include quotes for developing a programme on a learning management system followed by invoices for work that has been completed.
Does all development work need to take place in 2023 or can work start now for 2023 delivery?
All payments will be made in the 2023 calendar year aligned to milestones, so it will be about presenting a schedule of milestones in your proposal that align with how you wish to spend the funding. Work can begin in 2022 as part of preparation if the milestones are in 2023.
Can funding be used for staff training to improve programme teaching and outcomes?
A funding proposal for programme development and/or maintenance can be for operational or capital expenses, or both.
Is TEC expecting all PTEs to get some slice of the Strategic Fund? Or do you expect a certain percentage of PTEs to receive funding under the PTE Strategic Fund?
We have not set, or made any predictions, on the percentage or number of PTEs that will receive Strategic Funding.
This funding opportunity is open to all eligible PTEs, and all PTEs that submit a proposal will be assessed based on the assessment criteria and funding decisions made following assessment.
I see that Strategic Fund funding can be used for delivery. Can you give an example of how this would work?
We are interested in supporting PTEs to respond to the identified national and regional skills priorities. How PTEs respond to these priorities can be done in a variety of ways, and delivery can be one means of doing so (subject to satisfying the Fund’s established assessment criteria).
