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 commitments and the key performance indicators agreed in their Investment Plans. The TEC also prepares reports from available data. The combined information subsequently informs discussions during the Investment Plan engagement process.

Various organisations are involved in performance monitoring in tertiary education:

• TEOs monitor their own performance
• the TEC monitors priority outcomes; individual TEO performance; compliance with policies, legislation and regulation; and risk
• our TEI Financial Monitoring team monitors universities, polytechnics and wānanga from the perspective of the Crown's ownership interest including financial viability, sustainability and governance considerations
• the Ministry of Education monitors sector performance as a whole, especially progress towards the achievement of the Tertiary Education Strategy.