The TEO must:
a) use the following three methods to determine the EFTS value of a qualification:
(i) credits or points; and
(ii) learning hours; and
(iii) full-time teaching weeks; and
b) ensure that a qualification designed to be delivered within a year (being any 12 month period) is limited to a maximum of 1 EFTS unit, even if obtaining the qualification requires more than 120 credits, 1,200 hours of learning, or 34 full-time teaching weeks, unless the TEC has approved an exception to this limit; and
c) provide the TEC with information on the three methods of calculating EFTS values (being credits or points, learning hours, and full-time teaching weeks) when the TEO enters qualification details on the TEC STEO website.
For the purposes of this condition, one (1) EFTS equates to a programme of study or training that is 1,200 hours or 120 credits delivered over 34 teaching weeks.
If a TEO submits for approval for SACC funding a qualification that has two or more strands, it must propose an EFTS value for the qualification that is based on the strand that contains the highest number of credits that the TEO is approved to deliver for the qualification. A strand is a combination of courses that leads to the award of a qualification.
Definition of learning hours and teaching weeks
For the purposes of this condition, learning hours and teaching weeks means:
a) lecturer and tutor contact hours, including workshops and tutorials; and
b) completion of tests and assignments; and
c) supervised practical placements; and
d) study time; and
e) self-directed learning with tutorial support available; and
f) examination periods.