INDEPENDENT NEWS

TEC approves fee exemption for Massey University

Published: Sat 9 Dec 2006 02:06 PM
Friday 8 December 2006
TEC approves fee exemption for Massey University
The Tertiary Education Commission has approved an exemption for Massey University to increase its fees above the standard maxima.
The decision enables the university to increase undergraduate student fees by up to 10 percent and enables them to increase fees for post graduate research above the $500 limit.
Fees for Tertiary Education Organisations are limited to the fee and course cost maxima established by Government. For courses where fees and costs were below the relevant maxima, increases were restricted to five percent each year.
TEC Chair Hon Russell Marshall said the purpose of the policy was to provide tertiary students with a reasonable level of certainty about their future costs, while also providing flexibility to providers in terms of their fee-setting ability.
He said the exemption for Massey University had been approved after a robust assessment of its application.
Three principles are taken into account when applications are assessed:
• The cost of providing the courses is not being met by the income from the courses.
• The organisation is unable to cross-subsidise the courses from its total surplus from all sources while remaining financially viable.
• Not increasing fees would compromise progress towards the achievement of the Tertiary Education Strategy and the Statement of Tertiary Education Priorities, or other critical elements of the tertiary reforms.
“In Massey University’s application, all three principles were met, and overall it demonstrated a case for exemption,” Russell Marshall said.
Ends

Next in New Zealand politics

No politicians at Rātana in 2021 as celebrations made exclusive for church adherents
By: RNZ
Ongoing Worker Dissatisfaction Shows Need For Fundamental Change
By: New Zealand Council of Trade Unions
The 16 Of Waikeria Have Surrendered
By: The Maori Party
Border Exception For Some Returning International Tertiary Students
By: New Zealand Government
Additional Actions To Keep COVID-19 Out Of NZ
By: New Zealand Government
Vaccine Only Part Of The Cure For Resumption Of Pacific Travel: World Bank Report
By: World Bank Group
Waikeria Prison Riot Must Be Investigated
By: New Zealand National Party
Prisoner Disorder Event At Waikeria Prison Over
By: New Zealand Government
Kelvin Davis Has Plenty Of Questions To Answer
By: New Zealand National Party
Māori Party Calls For Minister Of Corrections To Step In To Resolve Waikeria Situation Immediately
By: The Maori Party
ExportNZ Welcomes Back International Students
By: Export NZ
Pre-departure Covid-19 Tests Should Be Extended
By: New Zealand National Party
Government Must Act To Avoid Another Lockdown
By: ACT New Zealand
National Calls For Vaccine Rollout To Be Fast-tracked
By: New Zealand National Party
View as: DESKTOP | MOBILE © Scoop Media