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Amendment No. 5 to the Other Grants Guidelines 2006

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Commonwealth of Australia
 
Higher Education Support Act 2003
 
OTHER GRANTS GUIDELINES 2006
 
Guidelines made under subsection 238-10(1) of the Higher Education Support Act 2003 (the ‘Act’)
 
I, Julie Bishop, Minister for Education, Science and Training, make under subsection 238-10(1) of the Act the following amendments to the Other Grants Guidelines 2006 for the purposes of Part 2-3 of the Act.
 
 
 
 
 
 
 
Dated this................4th.................................day of....................September.....................2007.
 
 
 
 
_________________________________________
JULIE BISHOP
Minister for Education, Science and Training
COMMONWEALTH OF AUSTRALIA
 
Higher Education Support Act 2003
 
 
OTHER GRANTS GUIDELINES 2006
 
AMENDMENT NUMBER 5
 
 
 
 
 
 
(i)                       CITATION
 
These Guidelines may be cited as Amendment Number 5 to the Other Grants Guidelines 2006.
 
(ii)                      AUTHORITY
 
These Guidelines are made under section 238-10 of the Higher Education Support Act 2003.
 
(iii)                     DATE OF EFFECT
 
These Guidelines commence on the day after the day on which the Guidelines are registered on the Federal Register of Legislative Instruments.
 
(iv)                     AMENDMENT
 
These Guidelines amend the Other Grants Guidelines which were registered on 22 November 2006 and which commenced on 23 November 2006 (see F2006L03785).
 
 
 
 
 
PURPOSE
 
·         The purpose of these guidelines is to amend the Other Grants Guidelines 2006.
 
ITEM 1
 
·         Insert the following at the end of Chapter 11:
 
CHAPTER 12    GRANTS TO ASSIST WITH TRANSITIONAL COSTS OF CHANGES TO MAXIMUM STUDENT CONTRIBUTION AMOUNTS
 
12.1     PURPOSE
 
12.1.1  The purpose of this chapter is to specify:
 
(a)     in accordance with subsection 41-15(1) of the Act, the Transitional Costs Program as a program under which grants can be paid for the purpose of assisting with the transitional costs of changes to maximum student contribution amounts as specified in item 12 of the table in subsection 41‑10(1) of the Act; and
 
(b)     under subsection 41-15(2) of the Act, some other matters relevant to the Transitional Costs Program.
 
12.2     PROGRAM OBJECTIVES
 
12.2.1    The objective of the Transitional Costs Program is to assist higher education providers with the transitional costs of the decrease in the Commonwealth contribution amount for accounting, administration, economics and commerce units of study that are undertaken by students who are pre-2008 students.
 
12.3     ELIGIBILITY
 
12.3.1    A higher education provider is eligible for a grant under the Transitional Costs Program for a year, if the year is 2008, 2009, 2010, 2011 or 2012 and the provider has:
 
(a)     an allocation of Commonwealth supported places for that year; and
 
(b)     students, who are classified as pre-2008 students, are enrolled in units of study in accounting, administration, economics or commerce for that year.
 
12.3.2  Pre-2008 students are those students to whom Item 7 of Schedule 7 of the Higher Education Legislation Amendment (2007 Budget Measures) Act 2007 applies.
 
12.4     GRANT AMOUNTS
 
For 2008
 
12.4.1  The Transitional Costs Program grant amount that may be determined for an eligible higher education provider for 2008 will be calculated in accordance with the following formula:
 
A times B
 
where:
 
A       is the estimated EFTSL of pre-2008 students to be enrolled in that year, as determined by DEST upon consultation with the relevant provider.
B      is $1,083
For 2009 to 2012
 
12.4.2  The Transitional Costs Program grant for an eligible higher education provider that may be determined for a year being 2009, 2010, 2011 or 2012 will be calculated in accordance with the following formula:
 
(A times B) plus (C times D)
 
where:
 
A       is the estimated EFTSL of pre-2008 students to be enrolled in that year, as determined by DEST upon consultation with the relevant provider.
 
B      is $1,083, indexed from 2009 in accordance with the method set out in Part 5‑6 of the Act.
 
C      is the difference between the ‘actual EFTSL’ and estimated EFTSL for the preceding year and which may be negative.
 
D      is the value of B for the preceding year.
 
 
12.4.3    ‘Actual EFTSL’ is the total pre-2008 EFTSL enrolled in units of study in accounting, administration, economics or commerce for a year as reported in the final main submission of the student data collection required under subsection 19-70(1) of the Higher Education Support Act 2003.