Document ID: chunk:federal_register_of_legislation:F2018N00136:clause:1_5
Version: federal_register_of_legislation:F2018N00136
Segment Type: clause
Provision Reference: sch 1 cl 5
Character Range: 9606–11925

5  Reallocation of grant amount
 (1) This item applies where:
  (a) a higher education provider has allocated an amount of a special grant to a student; and
 (b) at any time before the last day of teaching at the provider, the student ceases to be an eligible Indigenous student.
 (2) As soon as practicable after the higher education provider becomes aware that the student is not an eligible Indigenous student, the provider must allocate an amount of the unspent amount of the student's total allocation to each remaining eligible Indigenous student in accordance with the method in item 4 of this Schedule.
 (3) An amount allocated to a student under this item is to be known as an additional allocation.
 (4) The sum of the initial allocation for a student and any additional allocation for the student is the total allocation for the student.

  6  Limitation on maximum total allocation
 (1) The maximum total allocation for an eligible Indigenous student must not exceed an amount of $2,600 in the grant year.
 (2) Where the total allocation for an eligible Indigenous student would result in an amount in excess of $2,600 being made available to the student in the grant year, the provider must:
 (a) allocate a total amount of $2,600 to the student for the grant year; and
 (b) use any amount in excess of $2,600 for the grant year to provide academic support to one or more Indigenous students.
Note: The total allocation that a student receives from a higher education provider after the provider allocates the amount of a special grant in accordance with items 4 and 5 of this Schedule may be less than the maximum total allocation of $2,600.

  7  Unspent amounts
 (1) This item applies if a higher education provider has not spent an amount of a special grant by the last day of teaching at the provider in the grant year.
 (2) Where, in a grant year:
  (a) the provider has allocated the unspent amount to a student; and
 (b) the unspent amount is to the value of $50 or more; and
 (c) the student owes a debt to the Commonwealth in relation to the student's higher education.
the provider must use the unspent amount to pay down the debt.
 (3) In all other circumstances, the provider must use the unspent amount to provide academic support, including supplementary tuition, to an Indigenous student.