Common use of Determination and Payment of Funds Clause in Contracts

Determination and Payment of Funds. Determination of Funds Subject to the conditions and limitations set out in this VET Funding Contract, the Department will pay the Training Provider Contact Hour Funds for scheduled hours of training and assessment reported in relation to Eligible Individuals. The Contact Hour Funds are calculated by multiplying: the number of scheduled hours of training and assessment reported by the Training Provider under this Schedule 1 as having been delivered, or to be delivered, to Eligible Individuals; and the applicable hourly rate per scheduled hour as identified in Clause 13.3 of this Schedule 1. The Department is not liable to make payment of Funds for Training Services delivered to Eligible Individuals except for currently endorsed courses and qualifications as identified on the Funded Courses Report as published on the SVTS and which are on the Training Provider’s Funded Scope. For the avoidance of doubt, payment of Funds will only be made where the Course Commencement Date for the relevant course or qualification: falls within the “Effective for CCD from” and “Effective for CCD to” dates for the course as identified in the Training Provider’s Funded Scope; and falls within the “Effective for CCD from” and “Effective for CCD to” dates for the course as identified in the Funded Courses Report. The hourly rate per scheduled hour is the rate specified in either the ‘Subsidy’ or ‘RPL Subsidy’ field (as applicable) of the Funded Courses Report as published on the SVTS from time to time in respect of the applicable payment year, Course Commencement Date and Enrolment Type (non-Apprenticeship/Traineeship, Traineeship or Apprenticeship), as adjusted (if applicable) as follows: by a student loading being any combination of the following: for Eligible Individuals who self-identify as being of Aboriginal or Xxxxxx Xxxxxx Islander descent (and are reported as such through the “Indigenous Student Identifier” field of the Student Statistical Report) by multiplying the ‘Subsidy’ or ‘RPL Subsidy’ for the course by 1.5; and for Eligible Individuals aged 15-19 years as at 1 January in the year of commencement of training without a senior secondary certificate or an accredited qualification at AQF level II or above, and eligible for a concession in accordance with Clauses 3.7 and 3.8 of the Guidelines about Fees, by multiplying the ‘Subsidy’ or ‘RPL Subsidy’ for the course (or, if a student loading has already been applied under Clause 13.3(a)(i) of this Schedule 1, the amount determined under Clause 13.3(a)(i)) by 1.3; and for Eligible Individuals aged 15-19 years as at 1 January in the year of commencement of training without a senior secondary certificate or an accredited qualification at AQF level II or above, and undertaking training in the Victorian Certificate of Applied Learning (Foundation, Intermediate or Senior) in units of competency reported against the VCAL course code, by multiplying the ‘Subsidy’ or ‘RPL Subsidy’ for the course (or, if a student loading has already been applied under Clause 13.3(a)(i) or (ii) of this Schedule 1, the amount determined under Clause 13.3(a)(i) or (ii)) by 1.1; and/or by a regional loading whereby the relevant ‘Subsidy’ or ‘RPL Subsidy’ for units of competency delivered in non-metropolitan locations to Eligible Individuals will be adjusted by the Department by multiplying the ‘Subsidy’ or ‘RPL Subsidy’ for the course (or, if a student loading has already been applied under Clause 13.3(a) of this Schedule 1, the amount determined under Clause 13.3(a)) by 1.1. Training will be considered to be in a non-metropolitan location if the postcode of the training delivery location identified in the NAT000120 file is one of the postcodes identified as “non-metropolitan” on the Regional Postcodes Report as published on SVTS from time to time. The Regional Loading does not apply to online delivery or to distance education. Delivery will be deemed to have been delivered online or via distance education if: the postcode of the training delivery location identified in the NAT000120 file is "OSPC"; or the Predominant Delivery Mode Identifier in the NAT00120 file in the Student Statistical Report is “E” (External delivery).