To be eligible for the funding, PTEs must:

• be a private training establishment as defined in section 10(1) of the Education and Training Act 2020;
• hold a Category 1 or Category 2 External Evaluation and Review (EER) rating from the New Zealand Qualifications Authority (NZQA) as at 1 July 2020;
• have experienced at 40% decline in revenue from 1 March to 31 December 2020 (actual and projected) compared with the same period in 2019. The decline in actual revenue must be related to COVID-19 and be auditable; and
• have had at least a 50% of its enrolments in 2019 as international students, measured in equivalent full time students (EFTS).