Fee Concession Contribution. 11.5 The Department will pay a Fee Concession Contribution (subject to the Training Provider being eligible for the payment of Contact Hour Funds for the Skills First Student), where the Training Provider has:
Fee Concession Contribution. The Department will pay a Fee Concession Contribution (subject to the Training Provider being eligible for the payment of Contact Hour Funds for the Skills First Student), where the Training Provider has: granted a Fee Concession to a Skills First Student in accordance with the Guidelines About Fees; and reported that Fee Concession in accordance with the Victorian VET Student Statistical Collection Guidelines. The Fee Concession Contribution amount payable will be calculated by multiplying: the number of Scheduled Hours the Training Provider is entitled to be paid Contact Hour Funds for the Skills First Student; and the lesser of: four times the actual hourly tuition fee paid by the Skills First Student as reported by the Training Provider via the Client Tuition Fee field of the Student Statistical Report; or the ‘Maximum Fee Concession Contribution per hour’ for the Program, Enrolment Type and relevant concession type as identified in the Funded Programs Report.
Fee Concession Contribution. Where the RTO has granted a fee concession to an Eligible Individual in accordance with the requirements set out in the Guidelines about Fees, the RTO will receive a contribution from the Department as a result of charging the concession fee to that individual. The RTO must report to the Department all fee concessions granted by the RTO to Eligible Individuals in accordance with the fee concession reporting requirements outlined in the Victorian VET Student Statistical Collection Guidelines issued by the Department from time to time. The Fee Concession Contribution paid to the RTO by the Department under Clause 12.27 of this Schedule 1 is on the basis of Student Statistical Reports provided by the RTO taking into account scheduled hours; qualifications for enrolments for which concessions were granted; and data indicating the grounds for the concession granted to an individual. The Fee Concession Contribution amount for the purposes of Clause 12.27 of this Schedule 1 will be 100% of revenue foregone, up to a maximum value. This will be calculated based on four (4) times the actual hourly rate paid by the student and reported by the RTO (being 20% of the standard published hourly fee), up to a maximum hourly value, applied to the paid scheduled hours in each enrolment. The maximum hourly value is the relevant ‘Maximum Fee Concession Contribution per hour’ for the course (as identified on the Student Tuition Fee Contribution Report as published on the SVTS). The Department will not pay a Fee Concession Contribution to the RTO in relation to individuals who are granted a fee concession and who are also referred Job Seekers. A referred Job Seeker is an individual who holds a standard Job Seeker Referral Form. In these instances, with prior agreement of the referring agency, providers must invoice the referring agency directly for the portion of the tuition fee not covered by the referred Job Seeker. The RTO must report the correct Fee Concession/Exemption Identifier for this, which may be subject to annual reconciliation with the Commonwealth. Fee Waiver/Exemption Contribution Where the RTO has granted a fee waiver/exemption to an Eligible Individual in accordance with the requirements set out in the Guidelines about Fees, the RTO will receive a contribution from the Department as a result of waiving/exempting the fee for that individual. The RTO must report to the Department all fee waivers/exemptions granted to Eligible Individuals in accordance with the fee...
