Funding and payments
Funding for ILN is approved through the Investment Plan process.
When allocating funding, we will consider:
- whether the tertiary education organisation (TEO) is eligible for funding
- the nature of the provision offered by the TEO, and
- the TEO's past performance.
Funding for ILN provision is allocated at a fixed rate of $2,500 per learner place. Learners must receive an average of 100 hours per learner of literacy, numeracy, or literacy and numeracy tuition over a five to 20-week period.
ILN funding is paid in monthly instalments. The payment amounts are in equal instalments from January to June, and in equal instalments from July to December.
If a TEO receives ILN funding that is greater than it should have been, recovery will be undertaken in accordance with Condition ILN009.
Recovery of funds is based on aggregate hours of actual, face-to-face delivery (actual attendance), as reported through the final end of year report. This means, the number of funded learners – as outlined in the agreed Investment Plan – multiplied by 100 (the average hours required per learner) less the total number of hours delivered in the calendar year. For example:
(Places in Plan x 100 hours) – Total hours delivered = under/over-delivery or recoverable amount.
Any identified under delivery will result in recovery of the funds.
The hourly rate is calculated as the funding rate per place divided by the number of hours that constitute one place i.e. $2,500 / 100 = $25.00 per learning hour.