Document ID: chunk:federal_register_of_legislation:F2024C00098:body:0:p11
Version: federal_register_of_legislation:F2024C00098
Segment Type: other
Provision Reference: 
Character Range: 28019–30940

already commenced another PhD program, they have received approval from their higher education provider to transfer across to the Program;
              (v) for the Industry Linked PhD stream, the PhD Candidate will be eligible for a stipend equivalent to the amount of the RTP Stipend for the duration of their PhD candidature; and
              (vi) for the Industry Researcher PhD stream, the PhD Candidate must be employed by an industry partner and supported to participate in the Program by that employer.

4.15   Method by which the amount of grants under the program are determined

Method for determining the amount of grants to higher education providers

(1) The grant for a participating higher education provider will be made up of:

         (a) an administrative component to assist with meeting the higher education provider's costs in administering the Program (administrative component); and

         (b) a student stipend component to meet the higher education provider's obligation to pay the student an additional amount for the Industry Linked PhD stream under subsection 4.25(1) (student component).

Administrative component

     (2) Subject to subsection (3), the administrative component for a participating higher education provider will be:
         (a) $10,350 a year for up to four years for each full-time PhD Candidate; and

         (b) $5,175 a year for up to eight years for each part-time PhD Candidate.

     (3) A participating higher education provider will not be eligible to receive more than $41,400 in administrative component payments for a single PhD Candidate for the duration of their PhD project.

Student component

     (4) The student component for a participating higher education provider will be:
         (a) $6,210 a year for up to four years for each full-time PhD Candidate in the Industry Linked PhD stream; and

         (b) $3,105 a year for up to eight years for each part-time PhD Candidate in the Industry Linked PhD stream.

     (5) A participating higher education provider will not be eligible to receive more than $24,840 in student component payments for a single PhD Candidate for the duration of their PhD project.

Method for determining the amount of grants to industry partners

     (6) The grant for a participating industry partner will be:
          (a) $41,400 a year for up to four years for each full-time PhD Candidate in the Industry Researcher PhD stream; and

         (b) $20,700 a year for up to eight years for each part-time PhD Candidate in the Industry Researcher PhD stream.

     (7) A participating industry partner will not be eligible to receive more than $165,600 for a single PhD Candidate for the duration of the PhD project.

4.20   Indexation

The amounts listed in section 4.15 are listed for the year 2023 and are to be indexed for subsequent years using the method of indexation set out in Part 5-6