Examples of VET Funding Contract in a sentence
RPL undertaken as part of a government subsidised enrolment in a Foundation Skills List course, the Certificate I in Vocational Preparation, or RPL undertaken by an RTO not on the RPL Approved Provider List, will not be funded by the Department under the VET Funding Contract.
This schedule describes important processes and requirements with which RTOs must comply in delivering government subsidised training under the VET Funding Contract.
AUDITS OR REVIEWS RELATING TO EVIDENCE OF PARTICIPATION, EVIDENCE OF ELIGIBILITY AND EVIDENCE OF FEE CONCESSIONS/ WAIVERS/EXEMPTIONS The Department may instigate an Evidence of Participation Audit, Evidence of Eligibility Audit and/or Evidence of Concession Audit at any time should the Department have any concerns relation to Training Services provided under the VET Funding Contract or any other Service Agreement.
The RTO will receive a contribution from the Department as a result of waiving/exempting the fee to an Eligible Individual under the Young People Transitioning From Care Initiative in accordance with this Schedule 1 of the VET Funding Contract.
This Schedule 1 of the VET Funding Contract comprises the Victorian Training Guarantee Program Specifications.
Payments of Contact Hour Funds to the RTO in respect of an Eligible Individual by the Department under this Schedule 1 will be made monthly in arrears by the Department on the basis of Student Statistical Reports submitted by the RTO to the Department in accordance with the VET Funding Contract and on the understanding that the RTO has Evidence of Participation for each Eligible Individual in respect of which it is claiming payment.
This Schedule 1 must be read in conjunction with the VET Funding Contract.
Evidence of Concession The RTO must be able to support the application of fee concessions and fee waivers/exemptions as prescribed in the VET Funding Contract, and the related Guidelines about Fees in respect of each Eligible Individual for which it has made a claim for payment from the Department.
Evidence of Eligibility The RTO must be able to support assessment of student eligibility for the Victorian Training Guarantee as prescribed in the VET Funding Contract and the related Guidelines about Determining Student Eligibility and Supporting Evidence in respect of each Eligible Individual for which it has made a claim for payment from the Department.
Recognition of Current Competency (RCC) will not be funded by the Department under the VET Funding Contract.