Fees and charges consultation
On 30 April, TEQSA released the TEQSA Fees and Charges Consultation Paper for feedback from the sector.
The consultation paper outlines the details of TEQSA’s proposed approach for transitioning to the new cost recovery arrangements, scheduled to commence from 1 January 2022. This transition will be phased in over three years.
- Download the consultation paper (PDF, 2.4 MB)
- Access an accessible version of the consultation paper (HTML)
As part of the consultation process, TEQSA is keen to hear from stakeholders across the higher education sector.
TEQSA will review all submissions received and consider how the proposal might be adapted to best support the transition to full cost recovery before seeking the Minister’s approval.
Final implementation arrangements will be outlined in a subsequent Cost Recovery Implementation Statement that will be released later this year.
The 2018–19 Australian Government budget announced TEQSA would begin operating as a full cost recovery agency a change from the current partial cost recovery arrangements.
Under the Australian Government Charging Framework, full cost recovery means an agency’s activities are fully funded by fees and charges.
The Australian Government, in response to the COVID-19 pandemic, has waived most of TEQSA’s regulatory fees and charges until 31 December 2021.
In April 2021, the Minister for Education and Youth confirmed that TEQSA will commence increased cost recovery arrangements from 1 January 2022, with a phased three-year introductory period.
The Minister also announced TEQSA’s new cost recovery model will include reductions to course accreditation fees for providers with less than 5,000 enrolled students (equivalent full-time student load) to support innovation and market responsiveness in course design.
Making a submission
You can make a submission in response to these proposed changes outlined in the consultation paper by emailing consultation [at] teqsa.gov.au. Submission responses should focus on addressing key questions outlined in the paper on page 28. The consultation closes at 5:00pm (AEST) on Thursday 3 June 2021.
If you have any questions not addressed by the Frequently Asked Questions below, please email consultation [at] teqsa.gov.au.