52DGrants payable under the program

52D Grants payable under the program

Grants under the Needs-Based Funding Program are made in respect of a year and are made for the purposes of either:

(a) improving the extent to which persons from a low socioeconomic background and Indigenous persons participate, remain and succeed in higher education, and obtain higher education awards (Equity Grant); or

(b) assisting providers to offset higher operating costs of campuses in inner regional, outer regional, remote and very remote areas and the Northern Territory, in comparison to campuses in metropolitan areas (Regional Grant).

Note: Grant amounts for the program will be determined by the Minister in writing under paragraph 41-30(b) of the Act.