Commonwealth Consolidated Acts

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HIGHER EDUCATION SUPPORT ACT 2003 - SECT 33.1

How grant amount is worked out

  (1)   The amount of a grant payable to a higher education provider under this Part for a year is worked out by:

  (a)   working out the * total basic grant amount for the provider for that year under Subdivision   33 - B; and

  (b)   adding:

  (ii)   the amount of any medical student loading worked out under the Commonwealth Grant Scheme Guidelines for the provider for that year; and

  (iv)   the amount of any transition fund loading worked out under the Commonwealth Grant Scheme Guidelines for the provider for that year; and

  (v)   the amount of any performance funding grant amount worked out under the Commonwealth Grant Scheme Guidelines for the provider for that year.

  (2)   Advances may be paid to a higher education provider under Subdivision   33 - D.

Note:   Part   5 - 1 deals with how payments can be made.



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