FEE Annual Maximum The Government designed the Annual Maximum Fee Movement Fee Movement (AMFM) policy to permit TEOs some flexibility to set fee/course (AMFM) while maintaining affordability and some certainty for learners. The Annual Maximum Fee Movement applies to awards, certificate, diploma, degree and postgraduate courses that receive student achievement component funding. The Annual Maximum Fee Movement (AMFM) policy replaced the Fee/Course Costs Maxima (FCCM), Annual Fee Movement Limit (AFML) and Postgraduate Fee Increase Limit (PFIL) in 2011. The AMFM covers compulsory costs (inclusive of GST) when all of the following apply: The TEO is the sole source of the relevant items, and All learners are required to pay, and The charge meets guidelines for borrowing under the compulsory fees/course costs component of the Student Loan Scheme See the Funding Information available on the TEC website for more information. Fee/Course Costs Fee/course include the following: Tuition fees Compulsory administration charges Examination fees Other charges associated with a course or programme of study Material charges Field trips Any compulsory purchase of equipment or books through the TEO. Exclusions The AMFM does not apply to: Courses that do not receive Student Achievement Component funding Fees for international students. Monitoring Annual In order to monitor the Annual Maximum Fee Movement there will be Maximum Fee a separation of student tuition fees and student course costs fees in Movement the reporting of the SDR. The following will be collected through SDR processes: Course tuition fees Compulsory course cost fees Exemptions Costs charged to students outside the Annual Maximum Fee Movement. More Information Information on the Annual Maximum Fee Movement, can be found on
Annual Maximum Fee Movement (AMFM) The Government designed the Annual Maximum Fee Movement (AMFM) policy to permit TEOs some flexibility to set fee/course while maintaining affordability and some certainty for learners. The Annual Maximum Fee Movement applies to awards, certificate, diploma, degree and postgraduate courses that receive student achievement component funding. The Annual Maximum Fee Movement (AMFM) policy replaced the Fee/Course Costs Maxima (FCCM), Annual Fee Movement Limit (AFML) and Postgraduate Fee Increase Limit (PFIL) in 2011. The AMFM covers compulsory costs (inclusive of GST) when all of the following apply: The TEO is the sole source of the relevant items, and All learners are required to pay, and The charge meets guidelines for borrowing under the compulsory fees/course costs component of the Student Loan Scheme See the Funding Information available on the TEC website for more information. Fee/Course Costs Fee/course include the following: Tuition fees Compulsory administration charges Examination fees Other charges associated with a course or programme of study Material charges Field trips Any compulsory purchase of equipment or books through the TEO. Exclusions The AMFM does not apply to: Courses that do not receive Student Achievement Component funding Fees for international students. Monitoring Annual Maximum Fee Movement In order to monitor the Annual Maximum Fee Movement there will be a separation of student tuition fees and student course costs fees in the reporting of the SDR. The following will be collected through SDR processes: Course tuition fees Compulsory course cost fees Exemptions Costs charged to students outside the Annual Maximum Fee Movement. More Information Information on the Annual Maximum Fee Movement, can be found on FEE
Single-Data-Return-Manual-2017-ver-1.0.docx