Explanatory Memorandum
Circulated By Authority of the Minister for Tertiary Education, Skills, Jobs and Workplace RelationsSchedule 1 - Grants
Higher Education Support Act 2003
Item 1 - Paragraphs 30-5(1)(f) and (g)
Repeals paragraphs 30-5(1)(f) and (g) and substitutes new paragraphs 30-5(1)(f) and (g).
Section 30-5 of HESA provides that the Minister must ensure that the total amounts of grants payable under Part 2-2 of Chapter 2 of HESA in respect of a year as a result of allocation to higher education providers under section 30-10 do not exceed the amounts for each year as specified in subsection 30-5(1). New paragraphs (f) and (g) provide that the maximum allocation to higher education providers is $4,833,034,000 for the year 2010 and $5,011,996,000 for the year 2011.
Item 2 - Subsection 41-45(1) (table items 6 to 9)
Repeals items 6 to 9 in the table at subsection 41-45(1) and inserts new items 6 to 10 in the table for the years 2010 to 2014. The table sets out the maximum payment of other grants under Part 2-3 of HESA for a year. Subsection 41-45(1) provides that the total payments under Part 2-3 in respect of a year referred to in the table must not exceed the amount specified next to that year in the table.
Items 6, 7, 8, 9 and 10 provide that the maximum payments for other grants under Part 2-3 are $1,874,910,000 for 2010, $2,032,393,000 for 2011, $2,056,285,000 for 2012, $2,179,375,000 for 2013 and $2,163,501,000 for 2014.
Item 3 - Section 46-40 (table items 7 to 10)
Repeals items 7 to 10 in the table at section 46-40 and inserts new items 7 to 11 in the table for the years 2010 to 2014. The table sets out the maximum payments for Commonwealth scholarships for a year.
Items 7, 8, 9, 10 and 11 provide that the maximum payments for Commonwealth scholarships are $304,553,000 for 2010, $316,212,000 for 2011, $307,376,000 for 2012, $278,370,000 for 2013 and $278,830,000 for 2014.