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Summary
This article provides information about the blanket fee limit exception for former training schemes (now 'deemed micro-credentials').
It also covers how providers can apply for an increased fee value, via the micro-credential fee exemption process.
Background
Background
From 01 August 2022, all training schemes are now 'deemed micro-credentials'. This is a result of the Education and Training Act 2020 being amended to repeal the definition of 'training scheme'.
Micro-credentials' fees are limited by legislation, currently set at $64 per credit if they are approved for TEC funding.
The fee limit will be new for most providers. Training schemes were not previously subject to fee limits and there was a large range in fee values charged, including some fees that are considerably higher than the micro-credentials' $60 fee limit.
Note: The credit value of training schemes has also fluctuated over time, resulting in several training schemes that have fewer or more credits than a micro-credential allows.
Blanket fee limit exception for former training schemes (now 'deemed micro-credentials')
Blanket fee limit exception for former training schemes (now 'deemed micro-credentials')
A provider would normally need to apply to TEC for an exception to the fee limit, but TEC has approved a blanket fee limit exception for all 'deemed micro-credentials' (former training schemes) until they are reviewed by NZQA.
> NZQA will be reviewing all micro-credentials over the next three years (2023 to 2025) to assess their currency, relevance and design.
> After NZQA has reviewed the deemed micro-credential, if the provider wishes to charge fees over the $60 per credit limit, then they will need to apply through the standard fee limit exception process.
How does the blanket fee limit work?
How does the blanket fee limit work?
This blanket fee limit exception:
> allows TEC to stagger the impact of individual exception applications and the impact of processing them
> gives providers time to assess the fees they are charging for their former training schemes to determine if the fees can be reduced to meet the fee limit or if an exception will need to be sought (and whether it meets the criteria for an exception)
- It also allows providers time to assess whether it would be financially viable to continue providing the deemed micro-credential.
- And it xxxxx
What if a provider wants to charge more than they do currently?
What if a provider wants to charge more than they do currently?
The blanket exception applies only to the amount of fees a providers charged as at 17 November 2022.
If a provider wishes to increase fees further than what they currently charge (over $60 per credit), they will need to:
1. apply for the increased fee value following the standard micro-credential fee exemption process
2. etc etc
What if a provider wants to charge more than they do currently?
What if a provider wants to charge more than they do currently?
The blanket exception applies only on the amount of fees a providers charged as at 17 November 2022.
a. If a provider wishes to keep fees the same they will need to:
i. xxxx
ii. xxxx
b. If a provider wishes to increase fees further than what they currently charge (over $64 per credit), they will need to:
i. apply for the increased fee value following the standard micro-credential fee exemption process
ii. If an exception is approved, it would only be temporary until the deemed micro-credential has been reviewed by NZQA.
Further information
Further information
For more information on micro-credentials and the standard fee limit exception process, see Micro-credentials funding and fees | TEC website.
For further questions, contact 0800 601 301 or customerservice@tec.govt.nz.