About Investment Plans

An Investment Plan (Plan) must describe:

• how a TEO[1] will achieve Government priorities set out in the Tertiary Education Strategy (TES) and address the needs of its stakeholders
• a TEO’s mission and role in the tertiary sector
• all the tertiary education programmes and activities run or undertaken by a TEO
• the outcomes proposed by a TEO, including performance indicators.

Universities, ITPs, wānanga, ITOs, PTEs, OTEPs, schools and community groups (with a few exemptions) are required to have an Investment Plan in order to receive funding in 2010.  Information on the methodology that was used for developing 2010

indicative allocations is available in the archive. 

The complexity of Plans will reflect the type of organisation and the amount of funding received. The approval period varies from one to three years and this also depends on

the type of organisation and the type of funding received.

All TEOs are required to develop proposed Plans in 2010 for 2011 funding.

We provide guidance on the process that leads to our decision to either approve or decline funding for a proposed Plan. Updated guidance will be developed over the next few months and will be available to assist with the development of proposed Plans.

There is currently generic information about Plan development and approval available:

• the content criteria for Plans is outlined in the Gazette notice for Plans: Requirements and Exemptions for Plans (Investment Plans) for 2008-2010 for tertiary education organisations
• the TES priorities should be considered by organisations developing proposed Plans
• the decision-making criteria will be applied when we make our funding decisions
• effects of SAC under-delivery against Plan

• there are also a number of ways that a Plan can change during its period of funding approval. Information is available on the types of change and the process used for each.
   

• [1]

  Tertiary education organisation (TEO)