Investment Approach – resources and updates

This page will be regularly updated with information, resources and opportunities around the Investment Approach.

We encourage you to regularly check in and keep up-to-date with progress.

 

Plan exemptions for private training establishments, schools and community education providers in 2016

Most private training establishments and community education providers that receive less than $3 million in TEC funding will be exempt from the requirement to have an approved Plan in 2016.

We are also simplifying our Plan processes for those still required to prepare a Plan. We will provide more information on how to develop your Plan, including a Plan template, in April 2016.

For more information see the TEC Now: Plan exemptions for 2016.

 

Investment Approach: overview

The Investment Approach has three goals:

improving learner outcomes
improving social and economic outcomes
improving system stewardship
You've told us – and we agree – we need a tertiary education system that...


... is more learner focused and accessible to all New Zealanders
... makes it easier for learners to move into tertiary study and then on to employment
... has  performance measures that better reflect the education environment and wider marketplace that TEOs operate in
... is joined-up, efficient, sustainable and innovative
We're developing six "quick wins" for 2017–2018




shining a spotlight on fields of study with poor graduate employment outcomes
identifying strategic investment opportunities in SAC level 3+
technical improvements to education performance indicators
reducing compliance costs for private training establishments (PTEs) and community education providers around plan requirements
creating greater value from Investment Managers working with the sector
flexible funding models, including competitive funding at levels 1 and 2 and pilots for levels 3 and 4
And we're thinking about changes for the longer term



simplifying the method of engagement for all parties
funding providers with longer-term certainty where it is deserved
measuring value of investment in terms of outcomes and not simply completions
developing stair-casing capability within the sector
supporting tertiary education organisations to build their international reputations

 

Want to know more?

There are a number of ways you can find out more information:

  • Last changed: 15 March 2016
  • Last verified: 15 March 2016