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:
15 March 2016
15 March 2016