Higher education institutions other than English schools and universities get a $ 53 million ($ 41.2 million) package to support businesses struggling without income for international students.
Support package Providers focus on Australian students and encourage them to shift their business model to expand courses for international students.
“Many non-university providers are aware that revenues are declining very sharply and, without some help, could close or lose serious capacity,” said Alan, Minister of Education. Tudge says. “Packages are measured and targeted for those who need them most while the border is closed.”
This package provides targeted support in four key areas. This will help you create 5,000 short course locations, create innovation funds, exempt fees, and provide exemptions for additional loan fees.
Almost half of the total support package will fund additional 5,000 short-term course locations in any discipline with 100 qualified providers, strictly for domestic students.
Additional help for domestic students includes a reduction in mortgage help fees. People attending these institutions previously had to pay a 25% loan support fee, but college students didn’t pay a HECS loan.
Starting July 1, the $ 17.7 million fee and fee will also be exempted until the end of the year.
The remaining $ 9.4 million will be used to set up the Innovation Fund, and the government will provide up to $ 150,000 in grants to help providers expand their offshore and online courses.
“Innovation grants encourage providers to take advantage of the growing number of students in the country and provide more education online to international students,” said Tudge.
The English provider, which international students enroll almost exclusively, was the institution that was hit hardest by the border closure.
According to Tudge, February data show that non-university institutional registrants fell 17% and college registrants fell 12%. However, English providers saw a 67% reduction in registrations.
Troy Williams, Chief Executive Officer of the Australian Higher Education Council (ITECA), Said They are working with the government and were pleased to ensure these achievements.
But he said the industry is already suffering from more than 20,000 unemployment, even if JobKeeper keeps the sector alive.
Many of these jobs have returned thanks to government investment in higher and vocational education programs. Williams Told age.. “However, [intensive English language course provider] The sector remains miserable. That’s why this investment is so important. “