12Method by which the amount of grants under the program are determined for a provider

12 Method by which the amount of grants under the program are determined for a provider

(1) Grants will be made to eligible higher education providers each year based on the provider’s percentage share of total students of all providers who are domestic undergraduate students from a low socioeconomic background, students from regional areas and remote areas and Indigenous students, using the applicable formula for a year as set out in subsection (2). (2) Grant amounts for a provider for a year are to be calculated by applying the following formulas as applicable to the year (ignoring any amount rolled over because of section 41-40 of the Act): Formulas to work out how the amount of grants under the Higher Education Participation and Partnerships Program are determined for a provider for 2022, 2023 and 2024 and later years Where: A is the total amount available for the year under the program, as set out in subsection 10(2); B is the total number of domestic undergraduate students from low socioeconomic backgrounds enrolled at the relevant higher education provider, as reflected by the most recent data reported by the provider through the Tertiary Collection of Student Information (TCSI) system; C is the total number of domestic undergraduate students from low socioeconomic backgrounds enrolled at all Table A providers, as reflected by the most recent data reported by those providers through the TCSI system; D is the total number of domestic undergraduate students with a permanent residential address in a regional area or a remote area at the time the person first enrols in a course of study with the relevant provider, as reflected by the most recent data reported about this matter through the TCSI system; E is the total number of domestic undergraduate students at all Table A providers that have a permanent residential address in a regional area or a remote area at the time the person first enrols in a course of study with their provider, as reflected by the most recent data reported by those providers through the TCSI system; F is the total number of domestic undergraduate Indigenous persons enrolled at the relevant higher education provider, as reflected by the most recent data reported by the provider through the TCSI system; G is the total number of domestic undergraduate Indigenous persons enrolled at all Table A providers, as reflected by the most recent data reported by those providers through the TCSI system. (3) In subsection (2) a reference to most recent data means the data for a full year reported through the TCSI system as at the last quarter of the year prior to the year to which the grant relates.