Funding wash-ups by year
Ngā whakaritenga huatango ā-pūtea mā te tau
We run an annual wash-up around March or April each year for the previous calendar year.
We run an annual wash-up around March or April each year for the previous calendar year.
A wash-up is money that we either:
- pay to a tertiary education organisation (TEO), usually for over-delivery in a calendar year (eg, Flexible Funding), or
- recover from a TEO, usually for under-delivery in a calendar year.
We calculate wash-ups for each fund using a set of methodologies and make these available through the My Allocations and Payments app on Ngā Kete.
2024 funding wash-ups
Methodology and technical specifications for calculating 2024 on-plan funding wash-ups (other than the Performance Based Research Fund):
2024 Global Wash-up Methodology (PDF 788 KB).
Methodology and technical specifications for calculating 2023 on-plan funding wash-ups (other than the Performance Based Research Fund): 2023 Global Wash-up Methodology (PDF 829 KB). 2022 Global Wash-up Methodology (PDF 1.1 MB) 2022 Performance Based Research Fund Wash-up Methodology (PDF 148 KB) 2021 Global Wash-up Methodology (PDF 601 KB) Historical wash-up methodologies
2023 funding wash-ups
2022 funding wash-ups
2021 funding wash-ups