Consultation on AMFM rate for 2020
Consultation on AMFM rate for 2020
The Minister of Education is proposing an Annual Maximum Fee Movement (AMFM) rate of 2 percent for tertiary education organisations (TEOs) for 2020.
The Minister of Education is proposing an Annual Maximum Fee Movement (AMFM) rate of 2 percent for tertiary education organisations (TEOs) for 2020.
This would apply to TEOs providing Student Achievement Component (SAC) courses at New Zealand Qualifications Framework (NZQF) Level 3 or above and to domestic students only.
The Government considers that this proposed increase strikes a balance between protecting the affordability of tertiary education for students, while giving tertiary providers flexibility to help keep pace with costs in 2020.
Submissions close 7 August 2019. The Minister will then finalise the AMFM rate following consultation.
Go to the New Zealand Gazette website to read the notice.
Send your submissions to:
Annual Maximum Fee Movement Submissions
Tertiary Education Policy
Ministry of Education
PO Box 1666
Wellington 6140
or via email: tertiary.strategy@education.govt.nz