The Higher Education and Skills Group released details in relation to VET Funding Contracts for the Victorian Training Guarantee.
The following significant changes for Providers to contracts for 2014 and 2014-2016 are detailed in the document ‘Information – Key features of VET Funding Contracts’ released 15th November, 2013.
- Only providers on an approved provider list will be able to deliver these courses.
- Providers will be required to provide evidence demonstrating how it determined a student’s suitability for foundation skills training.
School students no longer eligible for VTG funding
- From 1 January 2014 VTG funding will not be available for enrolments by school students outside the program of study approved by their school. This includes students enrolled in any government, non-government, independent, Catholic or home school.
Fee Concession Contribution increased
- From 1 January 2014, Government will increase its contribution to a provider’s forgone fee revenue for concession students, which will mean in most cases there will be no gap for providers.
- Government contributions will raise from 90% to 100% up to a maximum concession contribution rate for each course. Maximum rates previously lower than $2 per hour, have now been increased to $2 per hour.
- New Funded Courses report released today for 2014 (available for download in the documents section of SVTS)
- From 2014 providers will be required to seek the prior written approval of the Department before subcontracting training and assessment (as distinct from administrative or operational matters) to any third party that is not a contracted RTO, including RTO and non-RTO entities.
Introduction of monetary amounts
- Monetary amounts may now be required in the case of compliance breaches concerning the Victorian Training Guarantee Compliance Framework. Fact sheet available for download in the documents section of SVTS.
- Providers are no longer required to calculate and publish tuition fees at an hourly rate, for hours undertaken in the calendar year. Providers can now calculate tuition fees according to the needs of their organisation.
- Tuition fees for each course must be published in a prominent place on your website.
- When reporting tuition fees to the Department through SVTS, providers must continue to report the tuition fee expressed as an hourly rate.
Who to contact if you need further information…
The department has requested that providers should submit related enquiries using the Enquiry function in SVTS.
Published 15th November 2013
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