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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