Impose Registration Condition 23 September 2025
Provider: EV Higher Education PTY LTD
Registration
Report on registration of EV Higher Education Pty Ltd
On 17 September 2025, TEQSA:
- granted, under section 21 of the Tertiary Education Quality and Standards Agency Act 2011 (TEQSA Act), the application by EV Higher Education Pty Ltd for registration in the category of Institute of Higher Education, for a period of five years until 16 September 2030.
- accredited, under section 49 of the TEQSA Act, the following higher education courses of study offered by EV Higher Education Pty Ltd, for a period of five years until 16 September 2030:
- Bachelor of Information Technology and Innovation
- Master of Information Technology and Innovation
On 23 September 2025, TEQSA:
- imposed, under section 32 of the TEQSA Act, the following condition on the registration of EV Higher Education Pty Ltd as an Institute of Higher Education:
Condition 1: Corporate Monitoring and Accountability
For the first 3 years after registration, CITI must report to TEQSA within 60 days (unless otherwise agreed to in writing by a Director of TEQSA's regulatory operations team) if any of the following events occur, based on Board accepted management accounts as of 30 June and 31 December each year:
- The number of commencing and continuing students (international and domestic) and equivalent full time student load (EFTSL) falls below that projected in the revised sensitised forecast by a margin of 10 per cent or greater.
- The closing cash balance falls below that projected in the revised sensitised forecast by a margin of 10 per cent or greater.
- The liquidity contingency reserve / cash reserve balance falls below $0.50 million or below the amount required as a result of the most recent quarterly stress testing scenario analysis, whichever is greater.
- Any change (increase or decrease) in total shareholder funding (as forecasted annually) as compared to the projected amounts contained in the sensitised forecast.
Content of reports
Where one of the events described above occurs, the report provided to TEQSA must:
- be based on CITI's Board approved management accounts (which must be provided to TEQSA).
- include a revised business plan, revised marketing strategy, revised financial and student projections.
- include plans of action to address the issues raised by the event within short timeframes.
Where the report covers an event described in:
- condition (a), CITI must provide the actual figures for both the number of students enrolled and EFTSL compared to those projected in the sensitised forecast, as well as the budget period. This information must be approved by CITI's Board before it is provided to TEQSA; and
- condition (b) or (c), CITI must provide the actual figures and evidence for cash balance(s) maintained over the reported period. This information must be approved by CITI's Board before it is provided to TEQSA; and
- condition (d), CITI must provide TEQSA with the Board approved reasons for using or drawing down additional loan funds along with an approved business plan and revised financial and student projections.
Definition of the sensitised forecast
For this condition, the 'revised sensitised forecast' is contained in the Statement of Reasons report provided with the Notice of Decision.
Main reasons for the decision
TEQSA made this decision on the basis that it was satisfied that provider EV Higher Education Pty Ltd continues to meet the applicable Standards of the Higher Education Standards Framework (Threshold Standards) 2021. However, TEQSA considered that there remained a risk related to EV Higher Education Pty Ltd's capacity to meet the Threshold Standards in the future.
On this basis, TEQSA agreed that it was appropriate to register EV Higher Education Pty Ltd for a period of five years until 16 September 2030, and to accredit EV Higher Education Pty Ltd's Bachelor of Information Technology and Innovation (BITI), and a Master of Information Technology and Innovation (MITI) courses for the same period. The five-year period of registration and accreditation is consistent with the basic principles of regulation and reflects risks associated with an applicant for initial registration intending to offer a higher education course but having no history in the provision of higher education.
TEQSA also agreed it was appropriate to impose one condition on EV Higher Education Pty Ltd's registration to manage risks regarding establishing realistic performance tasks and financial viability and reporting.
Application to withdraw conditions
In accordance with section 32 of the TEQSA Act, TEQSA may vary or revoke a condition imposed on the registration of a higher education provider, either on its own initiative or upon application by the provider for variation or revocation.