Funding Level Tool definition

Funding Level Tool means the system by which the Funding Level for a Participant is calculated on the Department’s IT Systems.
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Examples of Funding Level Tool in a sentence

  • The applicable inflation index will be determined by the Department in its absolute discretion; and at any time during the Agreement Term at the Department's discretion, to reflect the impact of any recalibration of the 2018 Funding Level Tool that assigns Participants into Funding Levels and Fees associated with those Funding Levels, which occurs to reflect changes in likelihoods of obtaining employment.

  • If a Provider Commences an Eligible School Leaver in accordance with clause 87 [Direct Registration of Participants without a Referral], the Participant will be deemed to have an employment benchmark of 8 hours and the Funding Level for that Participant will be determined by the Department's IT Systems using the 2018 Funding Level Tool, or by reference to any Guidelines.

  • If a Provider Commences an Eligible School Leaver in accordance with clause 430 [Direct Registration of Participants without a Referral], the Participant will be deemed to have an employment benchmark of 8 hours and the Funding Level for that Participant will be determined by the Department's IT Systems using the 2018 Funding Level Tool, or by reference to any Guidelines.