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  • Skilled Capital APPLICATION GUIDELINES

    Published: 14 August 2014

    It is the responsibility of the user to ensure that this is the current and complete document, located at: http://www.det.act.gov.au/training/funded_training_initiatives/skilled_capital

    Training and Tertiary Education ACT Education and Training Directorate 220 Northbourne Avenue BRADDON ACT 2612 GPO Box 158 CANBERRA ACT 2601 http://www.det.act.gov.au/training/funded_training_initiatives/skilled_capital Email: actvet@act.gov.au Phone: (02) 6205 8555

    http://www.det.act.gov.au/training/funded_training_initiatives/skilled_capitalhttp://www.det.act.gov.au/training/funded_training_initiatives/skilled_capitalmailto:funding@act.gov.au

  • Version Control

    Version Effective Date Status Details 1.0 4 August 2014 Initial

    Release N/A

    1.1 13 August 2014 Amendment Student eligible for certificate II qualifications in Student Eligibility.

    1.1 13 August 2014 Amendment Publication of funding amounts available for loadings (Loadings) and additional support (Additional Support).

    1.1 13 August 2014 Amendment Publication of approved foundation skills unit of competencies and associated subsidy amounts in the Skilled Capital Qualification List - Attachment A

    1.1 13 August 2014 Amendment Publication of the minimum mandatory tuition fee and maximum concession available in the Skilled Capital Qualification List - Attachment A

    It is the responsibility of the user to ensure that this is the current and complete document, located at:

    http://www.det.act.gov.au/training/funded_training_initiatives/skilled_capital

    http://www.det.act.gov.au/training/funded_training_initiatives/skilled_capital

  • Glossary of Terms

    ACT Australian Capital Territory

    ACTFA ACT Funding Agreement

    ASQA Australian Skills Quality Authority

    AVETMISS Australian Vocational Education and Training Management Information Statistical

    Standard

    COAG Council of Australian Governments

    CT Credit transfer

    FAQ Frequently asked questions

    RPL Recognition of prior learning

    LLN Language, literacy and numeracy

    RTO Registered training organisation

    TaTE Training and Tertiary Education branch of the ACT Education and Training

    Directorate

    TGA training.gov.au

    VET Vocational education and training

    Key Dates

    4 August 2014 Skilled Capital Application Guidelines and associated documents available

    on Directorate website

    4 August 2014 Skilled Capital applications open

    29 August 2014 Closing date for questions about the application process

    5 September 2014 Skilled Capital applications close: 4:00pm AEST

    31 October 2014 Skilled Capital application outcome notification

    31 October 2014 ACT Standards Compliance Guide for Skilled Capital published

    28 November 2014 Deadline for return of RTO acceptance declaration

    28 November 2014 Final qualification caps published

    28 November 2014 Skilled Capital Mandatory Information Session

    30 January 2015 Nomination of Skilled Capital qualifications

    February 2015 Enrolment commencements

  • Published 14 August 2014 4

    TABLE OF CONTENTS 1.0 About this Document .................................................................................................... 5

    2.0 Introduction .................................................................................................................. 5

    3.0 Overview of Skilled Capital............................................................................................ 6

    3.1 Student Eligibility ............................................................................................................... 6

    3.2 Qualification Eligibility ....................................................................................................... 7

    3.3 Funding Model ................................................................................................................... 8

    3.4 Foundation Skills ................................................................................................................ 9

    3.5 Additional Support...........................................................................................................10

    3.6 Payment Model ...............................................................................................................10

    4.0 Application Overview .................................................................................................. 11

    5.0 RTO Eligibility .............................................................................................................. 12

    5.1 Mandatory Criteria ..........................................................................................................12

    5.2 Weighted Indicators ........................................................................................................12

    5.3 Weightings .......................................................................................................................12

    6.0 Application Assessment .............................................................................................. 13

    6.1 Benchmarks .....................................................................................................................13

    6.2 RTO Groupings .................................................................................................................13

    6.3 Scoring .............................................................................................................................13

    6.4 Qualification Nomination ................................................................................................14

    7.0 Questions about the Application Process ................................................................... 14

    8.0 How to Lodge the Application ..................................................................................... 14

    9.0 Application outcomes and Skilled Capital Commencement ........................................ 15

    9.1 RTO Notification and Acceptance ...................................................................................15

    9.2 ACT Standards Compliance Guide for Skilled Capital .....................................................15

    9.3 Mandatory Information Session......................................................................................15

    9.4 Final Qualification Caps ...................................................................................................15

    9.5 ACTFA Version 2.0 ...........................................................................................................16

    ATTACHMENTS

    A Skilled Capital Qualification List

    B Skilled Capital Application SmartForm

    C SmartForm Application User Guide

  • Published 14 August 2014 5

    1.0 About this Document

    The Skilled Capital Application Guidelines outlines how registered training organisations (RTOs)

    apply to deliver training under the Skilled Capital initiative. The Guidelines include:

    an overview of the Skilled Capital initiative

    the Skilled Capital application process

    how to become a Skilled Capital approved RTO

    how applications will be assessed

    application outcomes and Skilled Capital commencement

    2.0 Introduction

    In April 2012, the Council of Australian Governments (COAG) endorsed a set of reforms to the

    national training system which are expressed in the National Partnership Agreement on Skills

    Reform (National Partnership).

    The National Partnership commits states and territories to a range of structural reforms and other

    actions that are directed towards achieving the reform directions agreed under the National

    Agreement for Skills and Workforce Development. Included in these reforms is the introduction of a

    national Entitlement to a Training Place. From 2015, the ACT Entitlement to a Training Place can be

    accessed through the existing User Choice initiative, through government subsidised training at the

    Public Provider and through a new funded training initiative, Skilled Capital. This new funded

    training initiative aims to provide training in areas of the greatest skills need in the ACT, to deliver a

    productive and highly skilled workforce which contributes to the economic future of the ACT.

    Skilled Capital will increase the level of contestable funding available for government subsidised

    training. The initiative includes provisions for significant training support to enable students from

    disadvantaged groups to access vocational training and will replace training previously provided

    under the Priorities Support Program (PSP). To be eligible to access Skilled Capital, RTOs must

    undergo a separate application process to determine their eligibility for the funded training

    initiative.

    The Skilled Capital initiative is designed to support ACT Government priorities. These priorities

    include:

    Engagement Improving engagement between industry, government and all vocational

    education and training (VET) stakeholders.

    Targeted Targeting training support to meet the needs of ACT industry and employers.

    Quality High quality training delivery by high quality RTOs.

    Access A citizen centred approach to government funded training.

  • Published 14 August 2014 6

    3.0 Overview of Skilled Capital

    Skilled Capital provides $21 million ($7 million per year) ove