The Victorian state government has announced that any RTOs wishing to access funding in that state will need to enter into a VET funding contract with the Department in order to deliver government funded training under the Victorian Training Guarantee.
As anyone that’s accessed funding knows, applying for/utilising funding can be a painful process but is often well worth the effort…especially if your organisation is short on funds for training. So, if you’re an RTO in Victoria (or an organisation with staff or clients in Victoria), you’d be well advised to apply ASAP.
If you’re not an RTO but wish to access funding for your training programs, as you’d expect, using an RTO with experience in delivering funded programs can make the process of accessing funds MUCH smoother as they’re often willing and able to handle a lot of the application on your behalf (and/or guide you through any of the process they can’t do for you).
Till next time,
From the Victorian Government’s Department of Education and Early Childhood Development website:
All Registered Training Organisations (RTOs), are required to enter into a VET funding contract with the Department in order to deliver government subsidised training under the Victorian Training Guarantee.
The Funded Courses Report lists all courses currently approved for government funding and the rate at which they will be funded per scheduled hour. This rate may be adjusted up or down depending on the characteristics of the individual students, the delivery location of the course and whether the course is being delivered via Recognition of Prior Learning.
The Funded Courses Report is updated regularly and is subject to variation at any time. It is available for contracted training providers to access through the SVTS.
Student tuition fee contribution report