Document ID: chunk:federal_register_of_legislation:F2024L00926:clause:1_4
Version: federal_register_of_legislation:F2024L00926
Segment Type: clause
Provision Reference: sch 1 cl 4
Character Range: 7495–9382

4                0% or more but less than 35%                                                                 3.5

  Determining the completion rate percentage
 (2) A leviable provider's completion rate percentage is worked out using the formula:
  where:
Data missing EFTSL means the total EFTSL value for units of study with a census date in the previous calendar year for which no unit of study completion status has been reported by the provider in the provider's statement of general information.
 EFTSL has the same meaning as in the Higher Education Support Act 2003.
 EFTSL value has the same meaning as in the Higher Education Support Act 2003.
 Failed EFTSL means the total EFTSL value for units of study with a census date in the previous calendar year reported by the provider as having a unit of study completion status of 'failed' in the provider's statement of general information.
Ongoing EFTSL means the total EFTSL value for units of study with a census date in the previous calendar year reported by the provider as having a unit of study completion status of 'unit of study to be commenced later in the year or still in process of completing or completion status not yet determined' in the provider's statement of general information.
 Passed EFTSL means the total EFTSL value for units of study with a census date in the previous calendar year reported by the provider as having a unit of study completion status of 'successfully completed all the requirements' in the provider's statement of general information.
 Withdrawn EFTSL means the total EFTSL value for units of study with a census date in the previous calendar year reported by the provider as having a unit of study completion status of 'withdrew without academic penalty' in the provider's statement of general information.
Note: For the definition of statement of general information, see section 4.