ITPs are accountable for their educational and financial performance including operating in an efficient and effective way. This means providing:

  • high quality vocational education and training
  • valued qualifications that match labour market demand through providing education that is relevant to employers and students, and
  • good value for money with low risk to the Crown.

ITPs must meet any accountability and reporting requirements specified under the relevant legislation, and funding conditions as specified in TEC's funding agreement letters.

ITPs are TEIs[1] and the Crown has an interest in each ITP's financial and operational viability, which brings additional accountability requirements. The section on financial monitoring and reporting has detailed information.


  • [1]

    Tertiary education institution (TEI) - universities, ITPs and wānanga

  • Last changed: 10 June 2015
  • Last verified: 10 June 2015