Guidance to develop your Investment Plan
Guidance to develop your Investment Plan
We provide resources to support you to develop your Plan for investment in 2024.
We provide resources to support you to develop your Plan for investment in 2024.
We make high-quality investment decisions that support a dynamic system to deliver lifelong learning and equip learners, communities and employers for success.
The resources we provide - Plan Guidance, Supplementary Plan Guidance and Investment Briefs - should be read alongside each other when you are developing your Plan.
We also provide a template for the strategic intent and learner success parts of your Plan, and an infosheet to specifically support your learner success work.
All of these documents should inform your discussions with your Relationship Manager or our Customer Contact Group.
Plan Guidance for TEOs submitting Plans for funding from 1 January 2024 (PDF, 7.1 MB)
Supplementary Plan Guidance for investment in 2024 will be released in June 2023.
Investment Round Timeline
The Investment Round Timeline provides an outline of the major milestones that will occur for investment in 2024.
Activity |
Timing |
---|---|
TEC releases Plan Guidance and Plan engagement begins |
By March 2023 |
TEC publishes notices in the New Zealand Gazette setting out requirements for Plan content, timetable, assessment, and Plan summaries |
By March 2023 |
Government announces Budget |
May 2023 |
TEC provides indicative allocations |
By 1 June 2023 |
TEC releases Mix of Provision (MoP) and Educational Performance Indicator Commitment (EPIC) templates |
By 8 June 2023 |
TEC releases Supplementary Plan Guidance to reflect any policy or Budget changes (as required) |
June 2023 |
Providers submit proposed Plans, including MoPs, EPICs, Learner Success Plans (LSPs) and Disability Action Plans (DAPs) |
By 7 July 2023 |
TEC reviews proposed Plans and has further discussion with providers as needed |
July-October 2023 |
Providers are notified of decisions in writing |
From November 2023 |
First payments made against Plans; Plan delivery begins |
January 2024 |
Plan Guidance publications
Plan Guidance for 2024 – published February 2023
Plan Guidance is an important document that provides information about what needs to be submitted in your Investment Plan, how we will assess it, and our priorities for investment.
Plan Guidance for TEOs submitting Plans for funding from 1 January 2024 (PDF, 7.1 MB)
Supplementary Plan Guidance – to be published June 2023
Supplementary Plan Guidance provides you with further information about what we will be looking for in your Investment Plan, that was not available when Plan Guidance was published in February.
Plan Gazette notice 2023
We set criteria for the content of Investment Plans, Plan summaries, the submission process, the timetable, and how Plans will be assessed. These are published in the New Zealand Gazette.
Investment Briefs
The Investment Briefs are a summary of what we want to achieve across particular areas of provision and our expectations around parity.
Foundation Education Investment Brief (PDF, 200 KB)
Information sheet – Learner Success Plans
This information sheet explains the Learner Success Framework and provides information that supports you to complete your Learner Success Plan.
Learner Success Plan Information Sheet for investment in 2024 (PDF, 276 KB)
Templates
Many of the templates you require for drafting and submitting your Plan (for example Mix of Provision (MoP) templates) are available in Workspace 2. Please refer to the table below for other relevant templates.
Template description |
Who needs it |
Submission deadline |
---|---|---|
Strategic Intent and Learner Success Plan template (DOCX, 4.1 MB) This template was previously known as the Investment Plan template. It has two parts. (1) Strategic Intent - Tertiary education organisations (TEOs) can use this section of the template to structure the strategic intent component of their Investment Plan (Plan). It sets out the requirements for proposed Plans and ensures we have all the information we require to make informed investment decisions. (2) Learner Success Plan - TEOs are encouraged to use the template, or to use the headings provided to guide their own document. |
Strategic Intents are required from all TEOs submitting a full Investment Plan. Learner Success Plans are required from all TEOs submitting a full Investment Plan and receiving more than $5 million in on-Plan funding. |
By 7 July 2023 |
2024 Investment Plan additional funding requests We will publish the process for additional funding for the 2024 investment (subject to the availability of this funding) later this year. |
|
TBC |
2023 additional funding requests – in-year amendments We will publish our approach and the process for the 2023 in-year amendments soon. |
TBC | |
New provider process We will publish the 2024 investment process for TEOs that have not received on-Plan funding in the last 12 months, later this year. |
Any TEO that has not received on-Plan funding in the last 12 months |
TBC |
We want to remind all TEOs that your Plan documents, including your Strategic Intent, Learner Success Plan, Disability Action Plan, MoPs and Educational Performance Indicator Commitments (EPICs) must all be submitted through Workspace 2. Please do not submit these documents by email as this can result in delays.
Resources for the previous year - investment in 2023
Plan Guidance
This Plan Guidance and Supplementary Plan Guidance relate to funding for 2023.
Preparing for Investment in 2023 (PDF, 339 KB)
Plan Guidance for TEOs submitting Plans for funding from 1 January 2023 (PDF, 966 KB)
Investment Briefs
These investment briefs relate to funding for 2023.
Foundation Education Investment Brief (PDF, 261 KB)
Vocational Education Investment Brief (PDF, 300 KB)
Higher Education Investment Brief (PDF, 305 KB)
Information sheets
Learner Success Plan Information Sheet (PDF, 999 KB)
Templates
Strategic intent and learner success plan template (DOCX, 423 KB)
Want to know more?
For more information about the Investment round, please contact your Relationship Manager or call our Customer Contact Group on 0800 601 301.