✨ Education Investment Plans Timeline and Criteria
NEW ZEALAND GAZETTE, No. 47 — 4 MAY 2017
ITOs
| Activity | Timeframe |
|---|---|
| Plan engagement: TEC discusses performance information, indicative allocations and proposed Plans with ITOs | 1 April–30 June 2017 |
| ITOs submit their proposed Plans to the TEC | 31 July 2017 |
| TEC assesses proposed Plans | 1–31 August 2017 |
| ITOs are notified of final funding decisions via confirmation of funding letters | 30 November 2017 |
All other TEOs
| Activity | Timeframe |
|---|---|
| Plan engagement: TEC discusses performance information, indicative allocations and proposed Plans with all other TEOs | 1 April – 31 July 2017 |
| All other TEOs submit their proposed Plans to the TEC | 31 August 2017 |
| TEC assesses proposed Plans | 1–30 September 2017 |
| All other TEOs are notified of final funding decisions via confirmation of funding letters | 15 December 2017 |
| First payments made against Plans; Plan delivery begins | From 1 January 2018 |
2) Criteria for assessing proposed plans
Pursuant to section 159Y(1), the TEC gives public notice of the criteria it will use to assess proposed plans to determine if they will receive funding approval.
The criteria below enable the TEC to assess the alignment of an eligible TEO’s proposed plan with Government priorities and regional and national need, as well as its capability to deliver on its plan.
When assessing proposed plans against the criteria, the TEC will take a holistic approach and may use a range of evidence, including, without limitation, the information contained in a proposed plan, TEC monitoring information (including funding, performance, organisational, and financial data), TEO annual reports and strategic plans, quality assurance bodies’ information and reports, plan engagement (where applicable), and both national and regional demographic and economic data.
The criteria
The TEC will assess proposed plans of all TEOs according to whether, and to what extent, proposed plans meet the following criteria:
-
How the TEO contributes to the Government’s current and medium-term priorities described in the Tertiary Education Strategy 2014–2019:
- The TEO’s proposed mission and role, and the outcomes the TEO intends to contribute to, show an awareness of and are appropriate to the TEO’s place in the regional and national tertiary system and the Government’s priorities.
- The TEO’s proposed mission and role as outlined in its proposed plan is relevant to its current and likely future environment.
- The TEO’s proposed mission and role demonstrates that it clearly understands its distinctive mission and role within the system, and how this relates to the community it serves.
- The TEO demonstrates that it has developed a sustainable plan for fulfilling its mission and role through its programmes and activities.
-
The tertiary education programmes and activities of a TEO in relation to which funding is sought under section 159YA:
- The TEO is capable of delivering the proposed programmes and activities (including capital asset management where applicable) and outcomes.
- The TEO’s proposed programmes and activities (including capital asset plans where applicable) are appropriate in the context of:
- regional and national needs, including those of employers, businesses or industries relevant to the TEO’s areas of delivery;
- benefits to learners and the proposed programmes; and
- the activities of other TEOs.
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NZ Gazette 2017, No 47
✨ LLM interpretation of page content
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Education (Proposed Investment Plans: Content & Submission; Assessment Criteria; and Plan Summaries) Notice 2017
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🎓 Education, Culture & ScienceEducation Act, Investment Plans, Tertiary Education, Funding Mechanisms, Mission, Government Priorities, Stakeholders, Programmes, Activities