Skilled Capital

David Seal

7 November 2014

Skilled Capital Overview Targeting skills needs

Reducing barriers for students

Increased access to quality training

Increased completions Reduced red tape

Strengthened engagement with

industry

Fully contestable Limited demand driven

(Student decides)

Focus on quality Providers

Budget protections

Funded foundation skills training

Additional support to aid completions

Strong evidence base

Skilled Capital Structure

Skilled Capital Outcomes

Income Contingent Loans Expansion of VET FEE-HELP to ACT Government Funded Quals

Includes all Government Funded Diplomas and

Advanced Diplomas, including Skilled Capital Qualifications

Agreement with Commonwealth for Certificate IV Trial

Commences in 2015

Qualification Code Qualification Name

CHC40308 Certificate IV in Disability

CHC40108 Certificate IV in Aged Care

CHC40512 Certificate IV in Mental Health

CHC40708 Certificate IV in Community Services Work

HLT42512 Certificate IV in Allied Health Assistance

Certificate IV Trial Qualifications

Skilled Capital Research Papers

Skilled Capital Applications 40 Applications received

33 Approved Skilled Capital Training Providers

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5

10

15

20

25

30

12 August 2014 5 September 2014

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Skilled Capital Application Submission Dates

Skilled Capital Qualifications Qualification Name Subsidy

Approved Providers Qual Cap

Diploma of Early Childhood Education and Care $ 6,180 10 100

Diploma of Building and Construction (Building) $ 7,480 4 100

Diploma of Surveying $ 3,380 1 80

Diploma of Information Technology $ 2,340 2 60

Diploma of Software Development $ 2,960 2 60

Certificate IV in Mental Health $ 3,140 5 80

Certificate IV in Hairdressing $ 1,940 1 100

Certificate IV in School Age Education and Care $ 2,140 2 90

Certificate IV in Small Business Management $ 1,580 9 80

Certificate IV in Property Services (Real Estate) $ 2,300 - 80

Certificate IV in Aged Care $ 2,540 6 60

Certificate IV in Disability $ 2,380 7 60

Certificate IV in Youth Work $ 2,460 3 60

Certificate IV in Community Services Work $ 2,180 2 60

Certificate IV in Education Support $ 2,060 - 60

Certificate IV in Allied Health Assistance $ 2,040 - 60

Certificate III in Early Childhood Education and Care $ 4,680 11 240

Certificate III in Aged Care $ 4,460 11 100

Certificate III in Disability $ 3,240 10 100

Certificate III in Education Support $ 2,060 1 80

Certificate III in Home and Community Care $ 2,840 7 80

Certificate III in Horticulture $ 3,580 - 60

Certificate III in Community Services Work $ 1,700 5 60

Certificate III – Diploma

Skilled Capital Qualifications

Qualification Name Subsidy Approved Providers Qual Cap

Certificate II in Arboriculture $ 1,700 - 25

Certificate II in Parks and Gardens $ 2,020 1 25

Certificate II in Landscaping $ 1,900 - 25

Certificate II in Automotive Servicing Technology $ 2,040 2 25

Certificate II in Automotive Vocational Preparation $ 2,040 1 25

Certificate II in Automotive Body Repair Technology $ 2,040 1 25

Certificate II in Business $ 1,140 13 75

Certificate II in Community Services $ 1,260 6 75

Certificate II in Construction $ 1,900 2 75

Certificate II in Construction Pathways $ 1,180 2 50

Certificate II in Health Support Services $ 1,060 1 25

Certificate II in Information, Digital Media and Technology $ 1,640 5 75

Certificate II in Engineering $ 1,800 1 25

Certificate II in Public Safety (Firefighting Operations) $ 920 - 25

Certificate II in Public Safety (SES) $ 860 - 25

Certificate II in Hairdressing $ 1,460 1 25

Certificate II in Hospitality $ 1,700 5 50

Certificate II in Kitchen Operations $ 1,500 4 50

Certificate II in Data and Voice Communications $ 2,260 - 25

Certificate II

Assessment Methodology

Mandatory Criteria

Indicators Groupings

Benchmarks Weightings Scoring

Indicators 51 Indicators

Indicators grouped into the following categories

• Staff to student ratio

• Duration in the ACT

• Level of engagement with industry

• Completion Rates

• Reliance upon Gov funding

• Strategies to support the learning needs of students’

• Contractual compliance and performance

• Financial performance

• Service quality and outcomes

• Stakeholder engagement

• Trainer and staff quality

Indicators include:

Groupings

Grouping Average number of agreements

ACT based Provider 1

Non ACT Based Provider 3

Groupings applied to specific indicators

Based on the RTO’s characteristics

Characteristics included: • Size of the RTO • Length of

registration • Head office location • Student cohort

• Focus of operations • Organisation type • Modes of delivery

Indicator: Holds a current funding agreement with another jurisdiction

Grouping: Head office location

Example

Benchmarking Indicator – Reliance on Government Funding

% o

f G

ove

rnm

ent

Fun

din

g

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

High benchmark

Initial benchmark

Weightings Each indicator was weighted based on its relevance to

quality VET and ACT Government priorities

The greater the relevance, the higher the assigned value

Weightings were established by the Directorate and external quality experts

Scoring RTO Name Rank 4 5 6 7 8 9 10 11 12 13 14

RTO1 1 0 4 6 3 0 1 3 3 3 3 2

RTO2 2 2 4 6 0 0 1 0 0 0 3 0

RTO3 3 2 4 6 6 2 1 3 3 3 3 2

RTO4 4 2 4 6 6 0 1 3 3 3 3 2

RTO5 5 2 0 6 6 0 1 0 3 3 3 2

RTO6 6 2 2 6 3 0 1 3 6 6 3 2

RTO7 7 0 0 6 6 0 1 3 3 3 6 2

RTO8 8 2 0 6 6 2 1 3 3 3 3 2

RTO9 24 2 2 6 3 1 1 0 0 0 3 2

RTO10 24 1 2 6 6 1 1 3 3 3 0 4

RTO11 27 2 0 3 0 0 1 0 0 0 6 4

RTO12 27 2 2 6 6 2 1 3 0 0 3 2

RTO13 27 2 0 6 3 0 1 0 0 0 3 2

RTO14 30 2 4 0 6 1 1 6 0 0 3 2

RTO15 30 0 2 6 3 1 1 0 3 3 3 2

RTO16 32 1 2 6 6 0 1 3 3 3 3 2

RTO17 32 2 0 6 6 1 1 3 3 3 3 2

RTO18 34 2 0 6 3 1 1 0 3 3 3 4

RTO19 34 0 0 6 6 0 1 0 3 3 3 2

For illustrative purposes = Minimum assessment threshold

ACT Funding Agreement Version 2.0

Similar application process and RTO Assessment Framework will apply to ACTFA Version 2.0

Approved Skilled Capital Providers may receive a streamlined application process

Further opportunity to apply for Skilled Capital

Key dates

28 November 2014 - Deadline to return RTO Declaration

28 November 2014 - Skilled Capital Mandatory Information Session

30 January 2015 - Qualification confirmation and fee publication

February 2015 - Enrolment commencement

10 March 2015 - Applications for ACTFA v2.0 open

12 June 2015 - RTOs notified of application outcomes

1 July 2015 – ACTFA v2.0 commences

Skilled Capital

ACTFA

Questions

Questions

Answers

Thank you

ACT Education and Training Directorate