News4us

Perth University First in Nation to Receive $6.9 Million Grant Under Gillard Government’s $400 Million Structural Adjustment Fund

Perth, Western Australia (News4us.com) March 09, 2011

Perth University First in Nation to Receive $6.9 Million Grant Under Gillard Government’s $400 Million Structural Adjustment Fund

Perth University First in Nation to Receive $6.9 Million Grant Under Gillard Government’s $400 Million Structural Adjustment Fund

Edith Cowan University will receive $6.9 million to tailor its teaching program to produce job-ready graduates, the Minister for Tertiary Education, Senator Chris Evans said today.

The Perth-based University is the first in the nation to receive a grant under the Gillard Government’s $400 million Structural Adjustment Fund (SAF).

“Edith Cowan University will reshape its curriculum to support an innovative student learning experience with a focus on delivering job-ready graduates,” Senator Evans said.

“That is good news for students and good news for the economy.

“The University will ensure students have the literacy and maths skills they need to succeed and will use practical assessments to prepare them for the workforce.”

The University will also provide additional training for its teaching staff at metropolitan and regional campuses to help them prepare their students for employment.

“This funding will help ECU establish longer term financial sustainability and will ensure that students continue to have access to high quality teaching and learning experiences,” he said.

Senator Evans said ECU is one of the many universities across Australia which had responded positively to the Government’s decision to remove limits on student numbers.

“Enrolments are growing strongly at ECU and the Government is committed to ensuring that universities are supported as they adjust to the new system,” he said.

“By uncapping student places, the Gillard Government is opening up opportunities to a new generation of Australians who might otherwise have been unable to attend university because places would not have been available.”

Senator Evans said the Government established the $400 million Structural Adjustment Fund to help universities make significant structural changes that will allow them to operate more competitively in the demand driven funding system.

All universities were invited to apply for SAF funding, however, its clear focus is on outer metropolitan and regional universities, and on universities that need to make substantial changes to succeed and deliver quality in the new system.

The introduction of a demand driven funding system in 2012 is a fundamental macroeconomic reform that will change the face of Australian higher education.

Other universities which were successful at SAF Stage 1 will now be considered by the Education Investment Fund Advisory Board.  Universities will be advised of the outcome mid-year.

The Minister has directed his Department to work with a number of universities to further develop their unsuccessful proposals in SAF Stage 2.

While these universities have a demonstrated need for structural adjustment, their SAF Stage 1 applications were unsuccessful.

SAF Stage 2 applicants will have until 1 June this year to redevelop their proposals to better meet the objectives of the program.

For more information visit:      http://www.deewr.gov.au/StructuralAdjustmentFund.


Short URL: http://www.news4us.com/?p=7985

Posted by on Mar 9 2011. Filed under Featured News, Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

Copyright © News4us.com