Education Investment Plans




NEW ZEALAND GAZETTE, No. 47 — 4 MAY 2017

  • The performance indicators used in measuring whether the specified outcomes relating to those tertiary education programmes and activities are being or have been achieved:

    • The TEO’s proposed performance commitments are:

      • designed and presented so that they give clear evidence about the quality of the activity being measured;

      • relevant, so that they give meaningful information about the TEO’s performance against its proposed outcomes;

      • set at a level that represents a meaningful improvement on past performance, especially with respect to outcomes for priority learner groups (including contribution to achieving parity in participation and achievement for Māori and Pasifika); and

      • complete, so that they cover all significant programmes and activities the TEO intends to undertake, and all important dimensions of those activities.

  • The extent and nature of a TEO’s consultation over its proposed plan:

    • The TEO has clearly and accurately identified its key stakeholders, including:

      • learners or prospective learners (in particular those who are Māori, or Pasifika, or young people, or who have low levels of literacy, language, and numeracy);

      • employers, businesses or industries relevant to the TEO’s areas of delivery; and

      • relevant communities, including those that support Māori and Pasifika learners.

    • The TEO has ascertained the needs of its key stakeholders, through direct consultation and the use of statistical information about regional or national demographics and employment market demand.

    • The TEO has reviewed its current and proposed plans against the needs of its stakeholders, and has documented what changes it has made, or will make to better accommodate these.

    • The TEO has reviewed its own performance against its current and previous plans.

    • If applicable, the TEO has performed well against its current and previous plans, and in particular has:

      • improved its performance over time (this may include reference to return on investment, for example employment outcomes of its graduates);

      • met its plan commitments and KPIs;

      • demonstrated satisfactory educational performance, including meeting the upper thresholds of the TEC’s Performance Linked Funding framework (for TEOs subject to Performance Linked Funding);

      • demonstrated satisfactory financial performance, including:

        • for tertiary education institutions and industry training organisations only, receiving a satisfactory assessment on the TEC’s Financial Monitoring Framework; and

        • for private training establishments only, meeting the TEC’s Prudential Financial Standards for private training establishments;

      • been assessed as satisfactory in terms of its last external review by the relevant quality assurance body;

      • demonstrated good governance and management capability in forecasting, planning, and implementation, and the (where applicable) ability to provide supplementary information such as capital asset management reporting;

      • demonstrated its ability and commitment to work with other organisations to build system responsiveness and sustainability, and pathways through the education system;

      • complied with conditions imposed on funding approval;

      • complied with any other requirements and expectations imposed on funding approval; and

      • complied with its obligations to report to TEC.

  • Pursuant to section 159Y(3): For tertiary education institutions only, the institution meets the expectations expressed in this notice regarding the inclusion of a forecast Statement of Service Performance in its plan.

  • Pursuant to section 11 of the Industry Training and Apprenticeships Act 1992: For industry training



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2017, No 47





✨ LLM interpretation of page content

🎓 Education (Proposed Investment Plans: Content & Submission; Assessment Criteria; and Plan Summaries) Notice 2017 (continued from previous page)

🎓 Education, Culture & Science
Education Act, Investment Plans, Tertiary Education, Funding Mechanisms, Mission, Government Priorities, Stakeholders, Programmes, Activities, Performance Indicators, Consultation, Māori, Pasifika, Employers, Communities, Financial Performance, Governance, Compliance