Condition SAC098: Fees following incorporation through merger or sale

Type:

Rule or condition

This condition applies if a tertiary education organisation's (TEO’s) (the "exiting TEO") courses are incorporated into either of the following (the "continuing TEO") through merger or sale:

• Another existing TEO
• A new TEO created to merge the delivery of two or more exiting TEOs.

If the continuing TEO has similar courses to those delivered by the exiting TEO, the incorporated (transferring) courses will be classified as ‘new’ for Annual Maximum Fee Movement purposes. Fees can be set as for new courses, with all the following conditions applying:

• A cap of the higher fee level of the two TEOs
• If the fees at the exiting TEO are lower than that of the continuing TEO, existing learners paying the lower fees are ‘grandparented’, with fee increases limited to 8% per year
• If the lower fees at the exiting TEO are below $444.44 (excl. GST) per Equivalent Full-Time Student (EFTS), fees can be increased to $444.44 (excl. GST) per EFTS, or 8%, whichever is greater.