Alerts

Our Customer Contact Team will be unavailable by phone from 5pm Friday 19 December until 8.30am Thursday 8 January. Please email customerservice@tec.govt.nz and we will respond as soon as we can.

Glossary

Kuputaka

Filter terms

  • Executive Leadership Team (ELT)

    The Senior Management Team includes the Chief Executive, the Deputy Chief Executives and the Chief Advisor Māori (first and second tier managers).

  • Fee regulation

    Fees are regulated in the tertiary education sector for courses funded through the DQ3-7 and DQ7-10 funds.
    The types of fee regulation are:
    Annual Maximum Fee Movement (AMFM)
    fee limits for new courses 
    fee cap for micro-credentials 
    student services fees – for courses funded through the DQ1-2, DQ3-7 and DQ7-10 funds.

  • Fees Free

    From 1 January 2025, the final-year Fees Free policy enables eligible learners to claim fees for the final year of the first eligible qualification or programme they complete.
    From 1 January 2018 until 31 December 2024, the first-year Fees Free policy enabled eligible learners to access one year of eligible tertiary study or two years of eligible training fees-free.

  • Financial Monitoring Framework (FMF)

    The Financial Monitoring Framework (FMF) provides an initial assessment of the financial wellbeing of a TEI or TEO.

  • Financial performance monitoring

    The Tertiary Education Commission is required to monitor tertiary education organisations (TEOs) that receive funding from the TEC.

  • Fund

    Any Fund established by the relevant Minister pursuant to a Funding Mechanism.

  • Fund owner

    Has overall decision-making responsibility for administration of the fund across the sectors that access the fund (eg, ILN fund owner decisions are applied to PTE and TEI sub-sectors) and for the success of the fund.

  • Fund schedule

    For funds that are not approved via Investment Plans. It contains any fund–specific terms and conditions and is a funding approval letter.

  • Funding

    Any funding provided by the TEC to a tertiary education organisation in accordance with its funding confirmation letter, subject to its compliance with the conditions, and, if applicable, achieving the outcomes anticipated in its Investment Plan.

  • Funding agreement

    An agreement used for funding that is not provided in accordance with a funding mechanism under Section 419 of the Education and Training Act 2020. The agreement sets out the terms and conditions on which funding is provided.