Budgets 2011 to 2014
Budget 2014 invests $178 million into increasing the number of cutting-edge centres of research excellence and tuition funding increases in those research-intensive areas that are vital for improving New Zealand’s economic growth and innovation. This extra investment will strengthen our higher education system, further improve the quality of universities, and help bolster New Zealand’s reputation as an excellent place to study and build our competitive edge internationally.
As part of this, the Budget reflects the Government’s strong focus on science. Investing in science-based skills is crucial for economic growth, which is a key focus of the Business Growth Agenda. The Government is therefore increasing funding for tuition subsidy rates for science for the third year in a row.
The Canterbury rebuild is also a focus, with the Budget providing $20 million to support trades training for the rebuild by extending the Apprenticeships Re-boot to December 2014.
For more detailed information, view the Minister for Tertiary Education Skills and Employment’s Budget 2014 media releases on: Centres of Research Excellence, $199m boost for tertiary education and research, funding for Maori Centre of Research Excellence.
Also visit the Ministry of Education website.
The following Budget information for 2011, 2012 and 2013 includes a breakdown by type of tertiary education organisation:
3 June 2015
3 June 2015