Funding mechanism

The Minister responsible for tertiary education issues the Literacy and Numeracy funding mechanism. It sets out the purpose of the fund and gives authority to the Tertiary Education Commission (TEC) to administer the funding.

Funding mechanisms and delegations

Funding is agreed through a tertiary education organisation’s (TEO’s) Investment Plan.

A TEO that receives ILN funding is required to:

• comply with the requirements of the Education and Training Act 2020 (the Act), and
• comply with the funding conditions for the relevant year, and
• comply with any additional conditions specified in its funding approval documents.

Education and Training Act 2020 (the Act)

Funding conditions by year

ILN funding is set through the Government’s annual budget process. We determine the appropriate amount of ILN funding for a TEO.

Through each TEO’s Plan, we agree the mix of provision (MoP). This includes the:

• programmes that the funding can be used for,
• allocation of funding towards each programme, and
• volume of delivery expected from each programme.

Funding allocation and payments

Funding allocations, including any amendments are available through the My Allocations and Payments app on Ngā Kete.

ILN funding is paid in equal monthly instalments.

For the calculation of indicative allocations see the methodology from the relevant year. The most recent information is at the top.

Indicative allocations by year

For more details regarding your specific allocation, please contact customerservice@tec.govt.nz or your Relationship Manager.

Funding rates

For information on the ILN funding rates, see the Funding rates by year webpage.

Funding rates by year

Funding wash-ups

For the calculation of funding wash-ups see the methodology and technical specifications from the relevant year. The most recent information is at the top.

Funding wash-ups by year