Funding and payments

Funding and payments

Last updated 1 June 2022
Last updated 1 June 2022

How Wānanga Research Capability funding is set and payments are made. Also includes funding allocation and funding recovery information.

Funding

The Wānanga Research Capability Fund funding mechanism is issued by the Minister responsible for tertiary education. The funding mechanism outlines the general form and essential components of the fund. It provides the mandate for us to allocate the funding and what the funding can be used for, and details how we administer the fund.

Funding is agreed through the wānanga Investment Plan (Plan). A wānanga that receives Wānanga Research Capability funding is required to:

Funding for the Wānanga Research Capability Fund is set through the Government’s annual budget process. The amount each wānanga is allocated is determined in consultation with wānanga.

Through each wānanga Plan, we agree the activities and/or approach that the wānanga will use to give effect to the funding, and the outcomes to be achieved.

Payment

Wānanga Research Capability funding is paid in monthly instalments.

The payment amounts are in equal instalments from January to June, and in equal instalments from July to December.

Funding allocations

2023 Wānanga Research Capability Fund indicative allocations

The 2023 indicative allocation is our early estimate of each TEO’s ‘On-Plan’ funding that each TEO could receive for 2023 if their Investment Plan is approved for funding. We calculate the indicative allocation using a set of allocation methodologies. The indicative allocation methodologies are specific to each fund and are reviewed and revised every year to ensure alignment to funding determinations and the current tertiary environment.

2023 indicative allocations are made available through the My Allocations and Payments app on Ngā Kete on 1st June 2022. This will include additional details that provide the additional breakdown for the allocations.

The details of the 2023 indicative allocation can be found within the 2023 Global Indicative Allocations Methodology [PDF] (PDF, 514 KB) document.

For more details regarding your specific allocation, please contact customerservice@tec.govt.nz or your Relationship Manager.

Suspending or revoking funding

Under Schedule 18 Clause 16 of the Education and Training Act 2020 (the Act), we may suspend or revoke some or all funding given under section 425 of the Act if we are satisfied on reasonable grounds that:

  • the wānanga has not achieved, or is not achieving an outcome anticipated in its Investment Plan in relation to which funding has been given under section 425 of the Act
  • the wānanga has not complied, or is not complying, with a condition on which funding has been given under section 425 of the Act, or
  • the wānanga has not provided, or is not providing, adequate and timely information required by the TEC or Ministry of Education under section 425 of the Act.   

If a TEO has its funding approval revoked in accordance with Schedule 18 Clause 16 of the Education and Training Act 2020, the unspent portion of funding is repayable to the TEC (see Condition: Suspension or revocation of WRC Fund Funding). We may arrange to off-set the amount against any funding payable to the wānanga.