Document ID: chunk:federal_register_of_legislation:F2025C00123:reg:27:p2
Version: federal_register_of_legislation:F2025C00123
Segment Type: reg
Provision Reference: reg 27 (pt 2/3)
Character Range: 35467–38009

each of a provider's eligible campuses, the second is based on the provider's external Commonwealth supported student load.
 (9) The first component of the formula for a provider is calculated by multiplying the average student load of a provider's internal and multi-modal Commonwealth supported student load for each eligible campus by the remoteness loading for the physical location of that eligible campus—the totals for each of a provider's eligible campuses are added together to calculate the grant amount for the provider.
 (10) The second component of the formula for a provider is calculated by multiplying 50 per cent of the average student load of a provider's external Commonwealth supported student load by the remoteness loading for the provider's main campus—for this purpose a provider's main campus is the campus that has the highest average student load based on the EFTSL of the average internal and multi-modal Commonwealth supported student load.
 (11) The amount of funding available under the Regional Loading Program is capped for each calendar year—to ensure that this total funding is not exceeded for a year, the following process is used to adjust the final amount of the grant to be paid to each eligible provider in a calendar year:

 (a) initially a preliminary grant amount for each provider is calculated using the formula in subsection (7), without reference to the variation expressed as V.
 (b) then the preliminary grant amount for each provider is added to determine an interim grant total—();
 (c) to establish the value of the variation () for determining the final grant amount, the grant amount available for the calendar year less any transitional support payment () is divided by the interim grant total by applying the formula—( );
 (d) to calculate the final grant amount for each provider for a year, the formula in subsection (7) is reapplied using the value for  as mentioned in paragraph (c).
Calculation of grants for recently established campuses
 (12) Where the available HESDC full year student load data for a recently established campus is less than three years, the average student load will be calculated based on the Commonwealth supported student load (EFTSL) over the number of years for which the data is available.
 (13) A provider will be eligible for grant under the Regional Loading Program in relation to a new campus if the average student load for the campus, calculated using the method in subsection (12), is at least 50 EFTSL (for internal and multi-modal attendance).