Wellbeing Budget 2021

Securing
Our Recovery

Tertiary Education

Continued Support to the Wānanga Sector

This initiative will continue support for wānanga to undertake research and educational delivery that protects and advances mātauranga Māori.

Vote 2021/22 2022/23 2023/24 2024/25 Operating
Total
Capital
Total
Tertiary Education 4.000 7.250 10.500 10.500 32.250 -

Cost Adjustment to Tertiary Tuition and Training Subsidies

This initiative provides funding for a 1.2 percent increase in tertiary education tuition and training subsidies to support providers to maintain quality and ensure their delivery remains relevant and responsive to students' and employers' needs. The increase strikes a balance between helping providers manage increases in delivery costs with an expectation that providers make effective and efficient investments to maintain quality and sustainability.

Vote 2021/22 2022/23 2023/24 2024/25 Operating
Total
Capital
Total
Tertiary Education 16.345 31.892 31.254 31.256 110.747 -

Education Holidays Act 2003 Remediation Payments

This initiative aims to ensure that current and former school and Ministry of Education staff receive corrective payments where they have not been paid in accordance with the requirements of the Holidays Act 2003, as identified through a compliance analysis programme which is under way. Funding will be used for payments to staff who have been underpaid as a result of compliance issues discovered and analysed to date.

Vote 2020/21 2021/22 2022/23 2023/24 2024/25 Operating
Total
Capital
Total
Tertiary Education 0.221 - - - - 0.221 -

Ensuring the Viability of Vocational Education and Training

This initiative provides a 13.4 percent increase in Vocational Education and Training (VET) funding by 2024. This funding will also support the implementation of the new unified funding system for vocational education from 1 January 2023, a key part of the Reform of Vocational Education. The new system will better support high-quality, work-integrated provision, better support learner needs and help sustain a network of VET provision in our regions.

Vote 2021/22 2022/23 2023/24 2024/25 Operating
Total
Capital
Total
Tertiary Education 18.420 67.022 97.321 96.745 279.508 -

Extending the Temporary Hardship Fund for Learners in Tertiary Education

This initiative will provide funding for a temporary extension of the COVID-19 Hardship Fund for Learners in tertiary education in the 2021 calendar year. Some learners will face additional costs this year related to COVID-19 whilst also having lower incomes (eg, reduced financial support from family or no additional support from student loans or allowances). This initiative will help students in hardship remain connected to their education provider and engaged in their learning. This $5.803 million builds on $4.197 million that has been made available through reprioritisation, to provide a total of $10 million across the 2021 calendar year.

Vote 2021/22 2022/23 2023/24 2024/25 Operating
Total
Capital
Total
Tertiary Education 5.803 - - - 5.803 -

Reform of Vocational Education - Transition and Integration Phase

This initiative provides funding to retain capability, and to build a data interface, to support the transition and integration phase of the Government's Reform of Vocational Education (RoVE). This will enable the Tertiary Education Commission, New Zealand Qualifications Authority and Ministry of Education to implement changes necessary to deliver the skills and opportunities that learners, employers, industries and regions need to prosper.

Vote 2021/22 2022/23 2023/24 2024/25 Operating
Total
Capital
Total
Tertiary Education 12.932 9.668 2.400 2.400 27.400 13.850
Education - 2.000 2.000 2.000 6.000 -

Transfer of Unspent Workforce Development Councils Funding to the Industry Training Fund

This initiative transfers $42 million appropriated from the COVID-19 Response and Recovery Fund in 2020 for the establishment and initial operations of Workforce Development Councils (WDCs) in 2020/21 to the Industry Training Fund over the next two financial years. The transfer will allow the Industry Training Fund to support a similar level of apprenticeships in 2022 as in 2021. Due to taking a highly consultative approach to their establishment, $42 million appropriated in 2020/21 for the establishment and initial operations of WDCs was unspent.

Vote 2020/21 2021/22 2022/23 2023/24 2024/25 Operating
Total
Capital
Total
Tertiary Education (42.000) 21.000 21.000 - - - -
Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×

Back to Top