TTAF Funding and Payments
TTAF Funding and Payments
This page provides information about how the Targeted Training and Apprenticeship Fund (TTAF) funding was allocated and paid.
This page provides information about how the Targeted Training and Apprenticeship Fund (TTAF) funding was allocated and paid.
The TTAF funding delegation (PDF, 933 Kb) was issued by the Minister of Education. The funding delegation outlined the general form and essential components of the fund. It provided the mandate for the TEC to allocate the funding and what the funding could be used for, and details around how we administered the fund.
A tertiary education organisation (TEO) that received TTAF funding was required to:
- comply with the requirements of the Education and Training Act 2020, and
- comply with the funding conditions specified in its funding agreement.
TEOs received 2022 funding agreements from the TEC, which enabled us to provide TEOs with a funding allocation and to make payments. Funding allocations and payment schedules are available on Ngā Kete.
Learners, or those who paid on behalf of learners, will need to be refunded if they have already paid for programmes that a TEO was eligible to receive TTAF funding for. This includes if the fees were paid via student loan and/or Fees Free. It may take time for student loan borrowing to be adjusted.
If a learner’s fees were initially met through the Fees Free policy, for payments related to study or training that started after 1 July 2020, then a learner’s Fees Free entitlement was not used. Learners did not need to apply to have their Fees Free record updated to make this adjustment. An administrative process made the necessary amendments, and learners can access their remaining Fees Free entitlement on future study or training not covered by TTAF.
How we calculated 2022 allocations for TTAF
This is a summary of how TEO allocations were calculated. For more details about specific allocations, TEOs can contact customerservice@tec.govt.nz or their Relationship Manager.
2021 final allocations were used to determine the starting point for indicative allocations
A TEO’s 2022 indicative allocation was the greater of their 2020 actual delivery or their 2021 allocation.
Note that the 2021 allocations included any in-year amendments approved up to 1 May 2021, but excluded any in-year amendments approved after this date.
2022 final allocation determination – Industry Training Fund funded
Step 1: We adjusted a TEO’s starting point indicative allocation to reflect year to date and forecast 2022 reported TTAF fees.
Step 2: We adjusted the starting point identified at Step 1 by two percent to allow for fee increases, to determine a TEO’s final 2022 TTAF allocation.
If the resulting amount was more than 10 percent, or $10,000 lower or higher than a TEO’s indicative allocation, the TEO’s allocation was adjusted. Otherwise, a TEO’s final allocation was not adjusted.
The inclusion of a fee increase in the 2022 allocation did not negate the need for industry-training-funded TEOs to seek approval for any fee increases, including annual increases.
2022 final allocation determination – SAC3+ Fund funded
Step 1: We adjusted a TEO’s indicative allocation to reflect 2021 delivery as reported in the December Single Data Return (SDR) and forecast year end delivery.
Step 2: We adjusted the allocation identified in Step 1 by 1.7 percent to account for the 2022 AMFM to determine a TEO’s final 2022 TTAF allocation.
If the resulting amount was more than 10 percent or $10,000 lower or higher than a TEO’s indicative allocation, the TEO’s allocation was adjusted. Otherwise, a TEO’s final allocation was not adjusted.
Funding wash-ups for TEOs
The methodology and technical specifications for the calculation of 2022 funding wash-ups can be found in the 2022 Global Wash-up Methodology document.
Application for approval to increase, reinstate or start charging fees
For enquiries about the application process for TEC to fund fees through the TTAF that, at 1 July 2020, weren’t being charged, or were being charged at a lower rate, TEOs can contact customerservice@tec.govt.nz or their Relationship Manager.