Document ID: chunk:federal_register_of_legislation:F2022C00174:front:0:p5
Version: federal_register_of_legislation:F2022C00174
Segment Type: other
Provision Reference: 
Character Range: 11804–14897

method set out in this Part 1.4.

Funding Pool amounts and RTP Stipends are indexed in accordance with
Part 5-6 of the Act.

1.4.5  Basic Grant Amount

The formula for calculating each HEP's Basic Grant Amount for the Grant Year is:

where:
   =  Basic Grant Amount from the RTP for ith HEP in year y
   =  Funding Pool in year y
   =  Share of weighted HDR student completions for the ith HEP calculated according to the following formula:

   =  For Grant Years prior to the 2024 Grant Year, weighted HDR student completions specified in paragraph 1.4.10, or for 2024 and future Grant Years, weighted HDR student completions specified in paragraph 1.4.12.
   =  Share of Category 1 income for ith HEP calculated according to the following formula:

   =  Share of Category 2, Category 3 and Category 4 income for ith HEP calculated according to the following formula:

   =  Year for which the grant is given
   =  the most recent (y1) and second most recent (y2) years for which data is available
   =  1...n, where n is the total number of HEPs

         1.4.10 Weightings applying to HDR student completions for Grant Years prior to the 2024 Grant Year

     (1)                    This provision deals with how amounts of grants to an eligible scholarship provider are to be determined for Grant Years prior to the 2024 Grant Year.

     (2)                    For all Grant Years prior to the 2024 Grant Year, HDR student completions reported in the HESDC are to be weighted according to:
         a)      each student's Indigenous or non-Indigenous status;
         b)      the level of the HDR; and
         c)      the cost type of the HDR.

     (3)                    A HEP's weighted student completions for a year is equal to the sum of the number of completions for each student type multiplied by the HDR cost type as specified in the following table:

                              non-Indigenous student  Indigenous student
High-cost Research Doctorate  4.70                    9.40
High-cost Research Masters    2.35                    4.70
Low-cost Research Doctorate   2.00                    4.00
Low-cost Research Masters     1.00                    2.00

     (4)                    High-cost and low-cost completions are determined in accordance with high-cost and low‑cost fields of education identified in Part 1.7.

         1.4.12 Weightings applying to HDR student completions for 2024 and future Grant Years

     (1)                    This provision deals with how amounts of grants to an eligible scholarship provider are to be determined for 2024 and future Grant Years.

     (2)                    For 2024 and future Grant Years, HDR student completions reported in the HESDC are to be weighted according to:
         a)      each student's Indigenous or non-Indigenous status;
         b)      whether the student completed an eligible research internship;
         c)      the level of the HDR; and
         d)      the cost type of the HDR.

     (3)                    For the purposes of (2)(b) and the table in (4) of this paragraph, a student