Source: Tertiary Education Commission
Last updated 8 March 2024
Last updated 8 March 2024
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This page has information on how Centres of Asia-Pacific Excellence (CAPE) funding is set and payments are made.
This page has information on how Centres of Asia-Pacific Excellence (CAPE) funding is set and payments are made.
Funding mechanism
The Minister responsible for tertiary education issues the CAPE funding mechanism. It sets out the purpose of the fund and gives authority to the Tertiary Education Commission (TEC) to administer the funding.
Funding is agreed off-Plan via a funding confirmation letter.
A tertiary education organisation (TEO) that receives CAPE funding is required to:
The funding subsidises the costs of operating each centre as well as the cost of research and other activities that help it deliver on its strategic outcomes.
Funding allocation and payments
In 2016/17 we invited applications for CAPE funding from the university sector. Applications were assessed and, as a result, three CAPEs were established, to which we allocated funding from 2017.
CAPE funding is paid in quarterly instalments.
