Common use of Fee Concession Contribution Clause in Contracts

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.

Appears in 14 contracts

Samples: www.standby.www.vic.gov.au, www.vic.gov.au, www.vic.gov.au

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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 Courses Report.

Appears in 4 contracts

Samples: Vet Funding Contract, Tafe Vet Funding Contract, www.education.vic.gov.au

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