How are tertiary education organisations monitored by the TEC?

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Question

Tertiary education organisations (TEOs) monitor and report on their own performance against delivery and performance commitments agreed by the TEC in their Investment Plans. The TEC also prepares reports from available data. The combined information subsequently informs discussions during the Investment Plan process.

Various organisations are involved in performance monitoring in tertiary education:

• TEOs monitor their own performance
• we monitor Tertiary Education Strategy priority outcomes; individual TEO performance; compliance with legislation and regulation; and risk
• our TEI Financial Monitoring team monitors tertiary education institutions (TEIs i.e. universities, polytechnics and wānanga) from the perspective of the Crown's ownership interest including financial viability, sustainability and governance considerations
• the NZQA monitors individual TEO’s effectiveness in providing quality education
• the Ministry of Education monitors sector performance as a whole, especially progress towards the achievement of the Tertiary Education Strategy.