Funding for VET for secondary students
The Department of Education of Education funds registered training organisations (RTOs) to deliver Vocational Education and Training for Secondary Students (VETfSS) across the Northern Territory (NT).
The department funds courses that are aligned to occupational outcomes pertinent to today’s job market and are key in the engagement of remote community students in employment opportunities in their local context.
Priority funding is provided to training that:
- provides a pathway to further training and/or employment in skill shortage areas as highlighted in the Northern Territory Skilled Occupation Priority List (NTSOPL)
- aligns to the remote town job profiles and regional workforce plans
- has a large number students interested in undertaking the training
- will be delivered by an RTO who has previously achieved 100% of their Australian Vocational Education and Training Management Information Statistical Standard (AVETMISS) annual hours of curriculum (AHC) deliverables in their VETfSS programs.
Selection process
The selection process occurs every year, to secure VETfSS programs for the following calendar year:
- April - the department directly contacts RTOs to request their VETfSS offerings for the following calendar year.
- May to July - assessment process occurs, RTOs may be contacted for further information during this time.
- August - RTO informed of outcome. If selected, the RTO will be sent a funding offer listing the qualifications and target AHC.
- September - VETfSS programs announced to schools.
- February/March - training contract issued. This can only be issued once the previous year’s training contract is finalised which is done through an acquittal.
For further information, refer to the VETfSS Timeline for RTOs PDF (548.5 KB).
Funding rates
Funds are calculated in accordance with department industry provider rates. Industry rates are calculated at $ per annual hours curriculum (AHC) as stated in the Victorian training package purchasing guides.
Read more about private provider AHC rates on the Northern Territory Government website.
As of 1 January 2023, training in regional or remote locations include a delivery allowance in addition to the industry rate:
- regional - 25%
- remote - 80%.
Read more about delivery allowance for VET funded programs on the Northern Territory Government website.
Payments
Payment of the training contract is usually divided into the following payments:
- payment 1 - 50% of agreed total funding amount upon signing of the contract
- payment 2 - 30% of agreed total funding amount upon receipt of AVETMISS compliant data demonstrating resulted AHC of at least 50% of the target AHC of the training contract
- payment 3 - 20% of agreed total funding amount upon receipt of AVETMISS compliant data with finalised enrolment outcomes and target AHC of the training contract achieved.
Upon receipt of the final AVETMISS compliant data for the training year, the department will generate an acquittal summarising the target AHC and resulted AHC. If the target AHC has not been achieved, the RTO will only be paid for the remaining resulted AHC. The third and final payment will be processed when an acquittal is completed.
In the event of an overpayment, the department may seek reimbursement of grant funds or offset against future payments.
Contact
For more information about funding for VETfSS, email vetis.det@education.nt.gov.au.
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