Investment Plan Gazette notice for investment in 2027

Education (Proposed Investment Plans for 2027-2029: Content and Submission; Assessment Criteria; and Plan Summaries) Notice

Title

This is the Education (Proposed Investment Plans for 2027: Content and Submission; Assessment Criteria; and Plan Summaries) Notice.

This notice is made under section 424 and clauses 6 and 24, Schedule 18 of the Education and Training Act 2020 by the Tertiary Education Commission. This notice (other than the matters prescribed under section 424 of the Education and Training Act) is secondary legislation issued under the authority of the Legislation Act 2019.

This notice prescribes:

Under clause 6, Schedule 18 of the Act:
- the content of tertiary education organisations’ proposed Plans, being the particular matters that proposed Plans must address or include in order to meet the requirements in clause 4, Schedule 18) – set out in Part 1 of this notice;
- the kinds of background or supplementary information that TEC requires TEOs to provide in relation to a proposed Plan – set out in Part 1 of this notice; and
- the timetable and process for the submission of proposed Plans to TEC – set out in Part 2 of this notice.
Under section 424 of the Act: the criteria that TEC will use to assess proposed Plans to determine if a TEO’s proposed Plan will receive funding approval – set out in Part 3 of this notice.
Under clause 24, Schedule 18 of the Act: the matters that a TEO that has a Plan must include in its Plan summary – set out in Part 4 of this notice.

TEC is the administering agency.

Commencement

This notice applies on 6 April 2026.

Application

This notice applies to Plans for 2027-2029 calendar years.

www.gazette.govt.nz/notice/id/2026-sl1135/

Interpretation

In this notice, unless the context otherwise requires:

Act means the Education and Training Act 2020;
Under-served learners means students and trainees who experience inequitable educational outcomes and includes those from low socio-economic backgrounds, with low prior achievement, or who are disabled, neurodiverse, Māori and/or Pacific;
MoPs means Mixes of Provision, templates provided by TEC;
Plan means a TEO’s proposed investment plan (unless otherwise specified);
TEC means the Tertiary Education Commission; and
TEO means tertiary education organisation.

Introduction

Many of the funding mechanisms determined by the Minister for Vocational Education and/or the Minister for Universities under section 419 of the Act specify funding to be paid by TEC to eligible tertiary education organisations via Plans.

A TEO that is seeking funding from TEC under those funding mechanisms must submit a proposed Plan (unless TEC has exempted a TEO from the requirement to submit a proposed Plan under clause 9, Schedule 18 of the Act).

All proposed Plans should have a three-year planning horizon. TEC may approve Plans for a period of one, two, or three years.

A previous or current allocation of TEC funding does not entitle a TEO to future funding at any level from TEC.

Part 1. Content of TEOs’ proposed Plans

TEC will advise each TEO which Plan content components the TEO is required to submit.

A. Content of all TEOs’ proposed Plans

The following content of Plans is prescribed under clauses 6(1)(a), 6(1)(b) and 6(2), Schedule 18 of the Act by TEC.

Mission and role

Under clause 4(c), Schedule 18 of the Act, the TEO must describe its mission and role for the term of the proposed Plan. This must include:

its specific role and contribution to tertiary education and training;
an overview of how it delivers better outcomes for New Zealand;
any planned changes to its mission and role during the term of the proposed Plan; and
evidence of how it plans to build and maintain its capability through strong governance, management and leadership, including any changes it intends to make to its governance and leadership.

If a TEO has previously submitted a Plan that was approved by TEC, the TEO must describe its key achievements since its last Plan was approved by TEC, any changes to its governance and leadership, and what it has learned from implementing its previous approved Plan.

Each TEO must provide evidence of how it will meet its obligations under section 4(d) of the Act.

Each institution must provide evidence of how its Council, in performing its functions and exercising its powers, meets its obligations to Te Tiriti o Waitangi under section 281 of the Act.

Responses to the Tertiary Education Strategy

Under clause 4(a), Schedule 18 of the Act, the TEO must describe in its proposed Plan how the TEO will give effect to the Government’s current and medium-term priorities described in the Tertiary Education Strategy (TES).

Addressing the needs of key stakeholders

Under clause 4(b), Schedule 18 of the Act, the TEO must describe how it will address the needs of interested persons or bodies (including, without limitation, students enrolled with the TEO) (“key stakeholders”). The TEO must include information about:

who its stakeholders are;
how it has consulted with its key stakeholders to understand what they need and expect of it;
how the Plan has been informed by this consultation and will address the needs of key stakeholders;
how it is connecting students with its other key stakeholders; and
how it will report progress on its Plan back to key stakeholders.

Learner Success

Learner Success update

Each TEO must describe next steps it will take in developing or implementing its learner success approach, including:

the next implementation stage of its learner success approach and what stage of the Learner Success Framework this reflects;
the relevant learner success capabilities related to its next steps;
how its next steps are informed by lessons learned from its monitoring and evaluation to date, as appropriate;
what outcomes the TEO expects to see over the term of its proposed Plan;
what significant activities the TEO will undertake;
when those activities will be undertaken;
at what points it expects to identify significant progress on those activities, including specific detail for the first year of the proposed Plan;
the lead and lag indicators used to monitor and evaluate those activities; and
how the information from those indicators will be used to inform subsequent next steps.

If a TEO already has a learner success approach approved by TEC, the TEO must also provide an update on the progress it has made on implementing that approach since the most recent approval by TEC. This update must include:

what the TEO intended to have achieved by now;
what the TEO has achieved;
an explanation of any discrepancy between these expected and actual positions;
how close the TEO is to its long-term parity goal;
what activities the TEO has undertaken;
how the TEO has monitored and evaluated its progress on those activities;
what outcomes the TEO has seen from those activities to date;
what the TEO has learned from that monitoring and evaluation;
how those lessons learned have informed any changes to the TEO’s overall learner success approach, including any changes to its long-term vision statement; and
evidence that the TEO’s learner success approach, including any changes, continues to be aligned to TEC’s Learner Success Framework, including ownership at the governance level and a whole-of-organisation approach.

If TEC determines that a TEO’s learner success progress or next steps are incomplete or inadequate, TEC may require that the TEO resubmit relevant information at any time.

Support for apprentices

Under section 382(1) of the Act, a TEO seeking funding for apprenticeship training activities (as defined in section 382(2) of the Act) must specify in its Plan how it intends to carry out each apprenticeship training activity.

Disability Action Plan update

Each TEO must describe next steps it will take in developing or implementing its DAP, including:

the next implementation stage of developing or implementing its DAP (as relevant);
how its next steps are informed by lessons learned from its monitoring and evaluation to date, as appropriate;
what outcomes the TEO expects to see over the term of its proposed Plan;
what significant activities the TEO will undertake;
evidence that the TEO’s DAP, including any changes, continues to be consistent with best practice as described in the Kia Ōrite toolkit;
when those activities will be undertaken;
at what points it expects to identify significant progress on those activities, including specific detail for the first year of the proposed Plan;
the lead and lag indicators used to monitor and evaluate those activities;
how the information from those indicators will be used to inform subsequent next steps;
the allocation of responsibility for DAP progress within its organisation; and
evidence that information about these next steps will be accessible to the public, including a range of learners.

If a TEO has previously submitted a Disability Action Plan (DAP), the TEO must also provide an update on the progress it has made on implementing its DAP since the DAP or most recent DAP update was approved by TEC. This update must include:

what activities the TEO has undertaken against its DAP;
how the TEO has monitored and evaluated its progress on those activities;
what outcomes the TEO has seen from those activities to date;
what the TEO has learned from that monitoring and evaluation;
how those lessons learned have informed any changes to the TEO’s DAP; and
evidence that the TEO’s DAP and DAP updates are readily accessible to the public, including a range of learners.

If TEC determines that a TEO’s DAP progress or next steps are inadequate, TEC may require that the TEO resubmit relevant information at any time.

Delivery of programmes and activities, and response to investment priorities

Summary

The TEO must summarise the programmes and activities to be delivered under the proposed Plan, including:

how those programmes and activities align with its mission and role;
how the provision responds to TEC investment priorities;
a description of programmes and activities not funded by the TEC (unless detailed as unfunded delivery in Mixes of Provision below); and
a description of significant programmes and activities undertaken through subsidiary bodiesⁱ including:
- a description of the main activities undertaken by each subsidiary body;
- the dollar value of the TEO’s investment in each subsidiary body;
- a brief description of the governance and accountability arrangements in place; and
- any new activities the TEO is contemplating undertaking through subsidiary bodies over the Plan period.

If a TEO is submitting a DQ3-7 All Modes of Delivery MoP, DQ3-7 and DQ7-10 Universities MoP, or a DQ7-10 Delivery Classification MoP, its Plan must also include:

a regional breakdown of their programmes;
significant changes to the mix of programmes being proposed since their previous approved Plan (if relevant), including:
- new qualifications or programmes;
- discontinued provision;
- changes to the regional breakdown of provision;
- significant changes in EFTS volumes for areas of provision;
- changes to the modes of delivery; and
- changes to provision of TEC’s investment priorities;
- increased provision in areas that are not TEC’s investment priorities; and
why these changes have been made and how they align with the TEO’s mission and role, and respond to stakeholder needs, priorities in the TES and TEC’s investment priorities.

Details

Under clause 4(d), Schedule 18 of the Act, the TEO must set out a description of all tertiary education programmes and activities (including, without limitation, programmes and initiatives that are to be undertaken by the TEO in order to build its capability) for which it is seeking funding, and specify the amount of funding that is being sought in relation to those programmes and activities.

Under clause 4(f), Schedule 18 of the Act, the TEO must also set out a description of all tertiary education programmes that it runs other than those for which it is seeking funding.

This information must be provided via the applicable templates as listed below. The description of programmes and activities must include:

via the MoP templates, information about all planned programmes and activities for which the TEO is seeking funding, including:
- planned volumes and other information as required,
- delivery for people in the care of the Department of Corrections;
- the amount of funding sought in relation to those programmes and activities;
via the MoP templates, programmes and activities not funded by TEC;
if a TEO is not required to complete the Summary section above, information about any proposed changes to its provision via the MoP changes template;
via the Corrections Delivery template (if required), details of any programme(s) that the TEO proposes to deliver for people in the care of the Department of Corrections, including EFTS, region and mode of delivery; and
via the Subcontracting Register, any subcontracting arrangements of provision.

Outcomes and performance indicators

Under clause 4(e), Schedule 18 of the Act, the TEO’s proposed Plan must describe the TEO’s proposed outcomes (including, without limitation, in relation to the tertiary education programmes and activities for which funding is sought) and the performance indicators that the TEO will use to measure whether those outcomes have been achieved.

The TEO’s proposed outcomes and performance indicators (commitments) must be:

designed and presented so that they give clear evidence about the quality of the activity being measured;
relevant, so that they give sufficient information about the TEO’s progress toward its proposed outcomes;
set at a level that represents both a sufficient contribution to the TEC’s expectations of sector performance, and an appropriate improvement on the TEO’s past performance, with reference to any past proposed outcomes and commitments (if applicable); and
complete, so that they cover all significant programmes and activities the TEO intends to undertake, and all significant dimensions of those activities.

Commitments based on educational performance indicators must be provided via the applicable Educational Performance Indicator Commitments (“EPICs”) templates.

TEC will provide TEOs with information about the metrics they must use when specifying performance commitments, and in some cases will specify minimum performance commitments for TEOs. TEOs must submit additional performance commitments if required by TEC.

If a TEO has previously submitted performance commitments for a given year and they are not being amended (ie., they already comply with the requirements above), the TEO is not required to resubmit commitments for that year.

Additional information about financial outlook

Under clause 6(1)(b), Schedule 18 of the Act, TEC may require each TEO to provide additional information about its financial outlook to accompany its Plan. Information about financial outlook includes any information and explanations needed to fairly reflect the forecast financial operations and financial position of the TEO.

B. Content requirements for specific types of organisations

Under clause 6(2), Schedule 18 of the Act, TEC requires certain organisations to also meet the following requirements:

Work-based programmes and activities

The requirements below apply to a TEO that meets the following criteria:

the TEO is not an Industry Skills Board (ISB), or a tertiary education provider that has received, or will receive, training activities from an ISB under a transition plan approved by the TEC under clause 159, Schedule 1; and
the TEO proposes to:
- deliver work-based programmes and activities that the TEO has not previously delivered; or
- increase its delivery of work-based programmes and activities.

If the TEO meets those criteria, the TEO's Plan must:

include evidence of appropriate and sufficient support from industry for its Plan;
describe all relevant systems and processes to support delivery of its Plan; and
include evidence that a new provider or increased delivery of the proposed programmes and activities, is required and appropriate within the network of provision.

TEOs receiving the Performance-Based Research Fund

TEOs that currently receive funding from the Performance-Based Research Fund must describe how their participation in the research system (including research-relevant activity from all sources) will meet the expectations TEC sets in its Plan Guidance and other strategic documents.

Performance issues

Where quality assurance (including External Evaluation and Review (EER) and other activities through the New Zealand Qualifications Authority (NZQA)) has identified concerns, TEC may require a TEO to submit additional information in its proposed Plan.

Any TEO with identified quality assurance concerns (including any TEO that has received a Category 3 or 4 EER assessment) at the time of submitting its proposed Plan must include a specific narrative in the Strategic Intent section of its proposed Plan that responds to the relevant concerns identified by NZQA.

If TEC determines that a TEO’s educational performance is of concern, TEC may require the TEO address this in its Plan and/or submit an improvement plan.

Private training establishments

A private training establishment must provide information to enable TEC to determine whether the PTE is financially sustainable, in accordance with TEC’s published financial monitoring framework.

Tertiary education institutions

An institution’s Plan must:

reflect any outcomes frameworks agreed with TEC;
align with the institution’s other strategic planning and reporting documents, including its Statement of Service Performance, strategic plan, and Annual Report;
include forecast financial statements; and
include a forecast Statement of Service Performance to enable the institution to report in its Annual Report on its performance as compared to its proposed outcomes described in its proposed Plan.ⁱⁱ The forecast Statement of Service Performance must:

be prepared in accordance with Generally Accepted Accounting Practice, including reporting costs summarised by key output classes/areas;
reflect the full scope of the institution’s activities;
focus on the outputs/services of the institution; and
include measures and evidence about the quality of these outputs/services.

New providers

If an organisation is not currently receiving funding via a Plan from TEC, the provider must submit an initial Plan application. An initial Plan application must include a subset of the information in Part 1, specified in the initial Plan application template.

TEC may request further information to create a full Plan in accordance with the content requirements above.

Part 2. Process and timetable

Under clause 6(1)(c), Schedule 18 of the Act, TEC gives public notice of the timetables and process for the submission of proposed Plans to TEC. TEC can decide not to accept a proposed Plan that it receives after the relevant dates specified below.

Plans for delivering work-based learning programmes and activities must be submitted in accordance with the dates and processes described on TEC’s website, www.tec.govt.nz or as part of a transition plan.

Unless otherwise advised, all other Plans must be submitted by 3 July 2026.

Activity	Timing
TEC publishes notice in the New Zealand Gazette setting out requirements for Plan content, timetable, assessment and Plan summaries	early March 2026
TEC releases Plan Guidance and Strategic Intent template; Plan engagement begins	early March 2026
New providers can contact TEC to request template for initial Plan application	From March 2026
New providers submit initial Plan application	By 1 May 2026
Government announces Budget 2026	28 May 2026
TEC reviews new providers' initial Plan applications	April–May 2026
TEC provides indicative allocations	From 2 June 2026
TEC releases other Plan-related templates	From 8 June 2026
TEC releases Supplementary Plan Guidance to reflect any policy or Budget changes	June 2026
TEC makes decision to invite new providers to submit a full Plan, or to decline to fund	By 26 June 2026
TEOs submit proposed Plans	By 3 July 2026
New providers submit full Plan (including any revisions to initial Plan application)	By 24 July 2026
TEC reviews proposed Plans (including further discussion with providers as needed)	July–October 2026
Providers are notified of decisions in writing	From November 2026
First payments made against Plans; Plan delivery begins	January 2027

Part 3. Criteria for assessing proposed Plans

Under section 424(1) of the Act, TEC gives public notice of the criteria it will use to assess proposed Plans to determine if they are to receive funding approval.

When assessing proposed Plans against the criteria, TEC will take a holistic approach and may use a range of evidence, including, without limitation:

the information contained in a proposed Plan and/or previous Plans, including their quality and progress against previous Plans;
TEC's engagement and monitoring information including:
- previous funding allocations,
- past delivery, including under-delivery and over-delivery (above 105% where relevant),
- achievement against previous Learner Success Plans and DAPs (where applicable),
- previous compliance with funding conditions,
- organisational and financial data,
- educational performance indicators,
- other indicators of performance,
quality assurance bodies’ information and reports;
information about the TEO’s financial outlook;
previous audit results or investigations;
Plan engagement (where applicable);
national and regional demographic and economic data;
post-study outcomes of learners;
institutions’ capital asset management plans;
any information the TEO submits to TEC;
TEOs’ annual reports, strategic plans and transition plans (where applicable); and
the overall quantum of evidence available for assessment.

TEC may make investment decisions on the information available to it by the relevant due dates.

TEC also considers other factors and trade-offs in its investment decisions which may be outside of TEC’s and/or TEOs’ control, such as (but not limited to) available funding, merit relative to other Plans, skills needs, the network of provision, and industry views on the network of work-based learning provision.

In assessing each Plan, the criteria apply to any and all elements of the Plan and to the range of evidence above used in assessment of a Plan.

TEC will assess each proposed Plan using the following criteria:

A. Overall criteria for all TEOs’ proposed Plans

Whether and to what extent TEC has confidence that the TEO will sufficiently and appropriately:

contribute to the achievement of Government priorities including those in the TES;
contribute to sector performance;
improve outcomes, including for under-served learners;
address regional and national needs;
have the capability to deliver on its Plan;
have the financial viability and sustainability to deliver on its Plan;
work constructively with its stakeholders and meet their needs;
deliver its Plan;
make progress against its commitments (including the outcomes and performance indicators in previous approved Plans); and
measure its progress and use this information to improve further.

Whether and to what extent the TEO has submitted information required (including but not limited to Plan content prescribed in Part A of this notice, data reporting, and other information) accurately, sufficiently, appropriately and in the required timeframe.

B. Specific criteria for all TEOs’ proposed Plans

Mission and role

Whether and to what extent TEC has confidence that the TEO:

makes an appropriate contribution to the network of provision;
will deliver better outcomes for New Zealand;
has strong governance, management and academic leadership capability to deliver on its Plan;
meets legislated obligations to Te Tiriti o Waitangi and Māori-Crown relationships;
has made appropriate progress since its previous approved Plan on activities that contribute to its mission and role; and
has made appropriate changes to its mission and role (if any).

Responses to the Tertiary Education Strategy

Whether and to what extent TEC has confidence that the TEO, by successfully delivering its proposed Plan, will sufficiently contribute to the achievement of the Government's priorities, including the objectives and priorities described in the TES.

Addressing the needs of key stakeholders

Whether and to what extent TEC has confidence that the TEO:

has identified an appropriate range of key stakeholders;
understands what its key stakeholders need and expect of the TEO;
has consulted sufficiently with its key stakeholders and its region(s) and will meet their needs;
will sufficiently report progress on its Plan to key stakeholders; and
has prepared its Plan in consultation with its stakeholders.

Learner Success

Learner Success update

Whether and to what extent the TEC has confidence that the TEO:

has made appropriate and satisfactory progress on delivering, adapting and/or building (as relevant) its learner success approach;
has, as appropriate, gathered robust and relevant evidence about its progress and the quality of the activities undertaken as part of its approach;
has applied that evidence appropriately to meaningfully inform changes to its overall approach and its next steps;
has made appropriate changes to its overall approach;
is applying and will continue to apply a whole-of-organisation approach that is consistent with TEC’s Learner Success Framework and owned at the governance level;
will undertake sufficient and appropriate activities over the term of its Plan to adequately progress its learner success approach and meaningfully improve learner outcomes, particularly for under-served learners;
has appropriate expectations of its activities and their impacts;
will gather clear, relevant and sufficient evidence about its activities and their outcomes; and
will apply that evidence appropriately to inform its continued approach.

Support for apprentices

Whether and to what extent TEC has confidence that a TEO seeking funding for apprenticeship training activities (as defined in section 382(2) of the Act) is likely to deliver those programmes and activities successfully and appropriately.

DAP update

Whether and to what extent TEC has confidence that the TEO:

has made appropriate and satisfactory progress on delivering, adapting and/or building (as relevant) its DAP;
has, as appropriate, gathered robust and relevant evidence about its progress and the quality of the activities undertaken as part of its approach;
has applied that evidence appropriately to meaningfully inform changes to its overall approach and its next steps;
is undertaking and will continue to undertake activities consistent with best practice standards as described in the Kia Ōrite toolkit;
has appropriate allocation of responsibility for DAP progress;
will undertake sufficient and appropriate activities over the term of its Plan to adequately develop or implement (as appropriate) its DAP and meaningfully remove barriers for disabled learners;
has appropriate expectations of its activities and their impacts;
will gather clear, relevant and sufficient evidence about its activities and their outcomes;
will apply that evidence appropriately to inform its continued approach; and
makes its DAP and subsequent DAP updates sufficiently accessible to a range of learners.

Delivery of programmes and activities and response to investment priorities

Summary

Whether and to what extent TEC has confidence that the TEO:

has developed a sustainable plan for fulfilling its specified mission and role through its programmes and activities;
will contribute appropriately to the network of provision, including at a regional level;
will contribute sufficiently to Government priorities, including through improved outcomes;
has responded appropriately to the investment priorities that TEC sets in its Plan Guidance and other strategic documents; and
has made appropriate changes (if any) to its provision that are consistent with its mission and role and with stakeholder needs.

Details

Whether and to what extent TEC has confidence that:

the TEO’s programmes and activities will support the success of all learners, particularly under-served learners;
successful delivery of the programmes and activities proposed by the TEO (including any MoPs and a capital asset plan, where applicable) is likely and will support the TEO’s goals;
the programmes and activities proposed by the TEO, including any significant changes to these, are consistent with Government priorities and the investment priorities published in Plan Guidance and Supplementary Plan Guidance; and
changes to the TEO’s provision (including new provision, the regional breakdown of provision, and provision of TEC’s investment priorities) are reasonable, consistent with the TEO’s mission and role, and make an appropriate contribution to the network of provision.

Outcomes and performance indicators

Whether and to what extent TEC has confidence that the TEO’s performance commitments are:

relevant, complete, and provide information about all significant programmes and activities the TEO intends to undertake and how it will measure its performance against its proposed outcomes;
achievable, a sufficient contribution to sector performance, and an appropriate improvement on the TEO’s past performance (with reference to the minimum commitments, where applicable), particularly with respect to outcomes for under-served learners; and
monitored appropriately to enable observed results to inform further action.

C. Criteria for specific types of organisations

Under section 424(3) of the Act, TEC will also use the following criteria to assess Plans from certain organisations:

Work-based programmes and activities

Whether and to what extent TEC has confidence that:

the TEO has appropriate and sufficient industry support for its proposed Plan;
the TEO has appropriate and relevant systems and process in place to support its delivery; and
any new provision or increased delivery is appropriate within the network of provision.

TEOs receiving the Performance-Based Research Fund

Whether and to what extent TEC has confidence that the TEO’s description of its participation in the research system meets the expectations that TEC sets in its Plan Guidance and other strategic documents.

Performance issues

If a TEO's Plan is required to address quality assurance issues (including Category 3 or 4 EER assessments), TEC will consider whether and to what extent the TEO has provided a robust plan to address identified issues and given TEC confidence that learners will be appropriately supported.

Where a TEO is required to address educational performance concerns, TEC will consider whether and to what extent the TEO has adequately addressed identified concerns and given TEC confidence that performance will improve.

Private training establishments

Whether and to what extent TEC has confidence that the PTE is and will be financially sustainable, in accordance with TEC’s published financial monitoring framework.

Tertiary education institutions

Whether the institution meets the requirements in this notice regarding the inclusion of a forecast Statement of Service Performance in its Plan.

Wānanga

Under section 424(2) of the Act, whether and to what extent the activities of the Wānanga (other than those activities that contribute towards the Government’s priorities set out in the TES) support the functions and purposes of the wānanga.

For a Wānanga receiving funding from the Ngā Whare Wānanga Allocated Fund, whether and to what extent it will deliver initiatives and activities (not covered by funding for delivery) related to the characteristics set out in section 398D of the Act.

New providers

For organisations not currently receiving funding via a Plan from TEC who submit an initial Plan application, in considering whether to invite the TEO to submit a full Plan, or to decline funding, the TEC will consider the initial Plan application using the relevant criteria in Part 3.

Part 4. Plan summary

Under clause 24(1), Schedule 18 of the Act, TEC gives public notice of the matters that a TEO must include in a Plan summary:

A TEO must include in its Plan summary all the material described in Part 1 of this notice.
Institutions must include in their Plan summary their forecast Statement of Service Performance.

Nothing in this notice requires a TEO to include in its Plan summary information that would:

disclose a trade secret;
be likely to unreasonably prejudice the commercial position of the TEO; or
prejudice or disadvantage the commercial activities of the TEO.

Under clause 24(2), Schedule 18 of the Act, the TEO’s Plan summary must be available for inspection by the public and copies of the TEO's Plan summary must be obtainable, either at no cost or no more than a reasonable cost.

Dated at Wellington this 10th day of March 2026.

TIM FOWLER, Chief Executive, Tertiary Education Commission.

Notes

[i] These include all subsidiary companies, trusts, or other bodies corporate in which the TEO has a controlling interest. They must cover all entities included in the TEO’s consolidated group reporting in its most recent Annual Report.

[ii] Refer to sections 306(4) and (5) of the Act and section 156 of the Crown Entities Act 2004.