Rule ITO012: Limited Credit Programme
-
Type:
-
Rule or condition
Limited Credit Programmes (LCPs) are eligible for industry training funding only if they meet all the following:
- Comprise Unit Standards drawn from a registered national certificate(s) within the industry training organisation's (ITO's) Gazetted coverage and for which the ITO has TEC funding approval
- Provide a pathway toward the national certificate(s) from which they have been developed
- Be no more than 50% of the credit value of the national certificate(s) to which the LCP leads
- The national certificate must be at levels one to four on the New Zealand Qualifications Framework (NZQF), unless exempt
- At least 70% of the credits for the LCP must be at levels 1 to 4 of the NZQF unless the LCP is approved at a higher level
- The LCP must be a minimum of 20 credits and a maximum of 70 credits
At least 50 percent of trainees previously enrolled in an LCP must have progressed to and completed a full national qualification within five years of enrolment in the LCP for that LCP to be funded. This applies on a year-by-year basis. The Tertiary Education Commission may grant an exception to this requirement.
Trainees must not be enrolled concurrently on a National Certificate and an LCP that leads to that same National Certificate.
An LCP that is at level 5 or above may be approved for funding if the ITO can show that there is an identifiable training need to be met within the relevant industry.
LCPs at level 5 and above must not exceed 10% of the ITO’s total volume of LCPs.
-
Last changed:
17 December 2010
-
Last verified:
17 December 2010