Document ID: chunk:federal_register_of_legislation:C2025C00140:clause:1_5:p3
Version: federal_register_of_legislation:C2025C00140
Segment Type: clause
Provision Reference: sch 1 cl 5 (pt 3/7)
Character Range: 148576–151288

Table A providers—maximum basic grant amount for designated higher education courses
 (5) The maximum basic grant amount for a *Table A provider for a *grant year for *designated higher education courses must not be less than the amount worked out for the year for those courses using the method statement set out in paragraph 33‑5(3)(b) with the following modifications:
 (a) read a reference in step 1 of that statement to places provided by the provider in a *funding cluster as a reference to places allocated under section 30‑10 to the provider in that funding cluster;
 (b) disregard paragraph (a) of that step.

Maximum basic grant amount for non‑Table A providers
 (6) Subject to subsection (7), a funding agreement for a higher education provider (other than a *Table A provider) may specify an amount as the maximum basic grant amount payable to the provider for a *grant year.
 (7) The maximum basic grant amount for a higher education provider (other than a *Table A provider) for a *grant year must not be less than the amount worked out for the year using the method statement set out in paragraph 33‑5(7)(b) with the following modifications:
 (a) read a reference in steps 1, 2 and 3 of that statement to places provided by the provider in a *funding cluster or a *grandfathered funding cluster part as a reference to places allocated under section 30‑10 to the provider in that funding cluster or grandfathered funding cluster part;
 (b) disregard paragraph (a) of each of those steps.

30‑28  Funding agreement to be published
  The *Secretary must cause a copy of each funding agreement to be published on the Department's website within 28 days after the making of the agreement.

Division 33—How are grant amounts worked out?

Subdivision 33‑A—Basic rule

33‑1  How grant amount is worked out
 (1) The amount of a grant payable to a higher education provider under this Part for a year is worked out by:
 (a) working out the *total basic grant amount for the provider for that year under Subdivision 33‑B; and
 (b) adding:
 (ii) the amount of any medical student loading worked out under the Commonwealth Grant Scheme Guidelines for the provider for that year; and
 (iv) the amount of any transition fund loading worked out under the Commonwealth Grant Scheme Guidelines for the provider for that year; and
 (v) the amount of any performance funding grant amount worked out under the Commonwealth Grant Scheme Guidelines for the provider for that year.
 (2) Advances may be paid to a higher education provider under Subdivision 33‑D.
Note: Part 5‑1 deals with how payments can be made.

Subdivision 33‑B—Total basic grant amounts

33‑5  Total basic grant amounts

Total basic grant amount for