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Professions Australia – Universities Australia Higher Education and the Professions in 2011 and Beyond Workshop on 8 April 2011. Higher Education reforms. Performance funding Demand driven funding system TEQSA Indexation Equity funding Compacts. Demand driven funding system. supports:
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Professions Australia – Universities AustraliaHigher Education and the Professions in 2011 and BeyondWorkshop on 8 April 2011
Higher Education reforms • Performance funding • Demand driven funding system • TEQSA • Indexation • Equity funding • Compacts
Demand driven funding system supports: • university autonomy • student choice • access, equity, and productivity requires measures to ensure: • quality • sustainability • the right mix of graduates • value for money for the Government
Demand driven funding system • Enrolment trends: • Estimated 9.9% over enrolment across the sector in 2010 • Early data for 2011 indicates total growth in CSPs of over 10% since 2009. • The increase in enrolments will substantially contribute to the Government’s 40% attainment ambition.
Demand driven funding system • How will the new funding system work from DEEWR’s perspective? • Amendments to Higher Education Support Act 2003 • Compacts • University mission statement • Commonwealth Grant Scheme (CGS) funding agreement • Performance funding agreement • Commonwealth funding on the basis of student enrolments
Skills needs • Monitoring the sector for skills needs • Example: Commonwealth supported medical places • Current arrangements: strictly controlled • Likely controls from 2012 • Health Workforce Australia
Higher Education Base Funding Review • Review team commenced on 26 October 2010 • Consultation paper and meetings with the sector • Final report due October 2011