Document ID: chunk:federal_register_of_legislation:F2025C00042:reg:5:p1
Version: federal_register_of_legislation:F2025C00042
Segment Type: reg
Provision Reference: reg 5 (pt 1/2)
Character Range: 4749–7297

5  Amount of charge
 (1) For the purposes of paragraph 7(1)(b) of the Act, the amount of registered higher education provider charge for the year commencing on 1 January 2022 and each later year for a registered higher education provider is the sum of:
 (a) the base component of the charge; and
 (b) the compliance component of the charge (if any).
Note: For the base component of the charge for 2022, 2023 and 2024, see section 6.

Base component of charge
 (2) The base component of the charge for a year (the relevant year) is worked out in accordance with the formula:

where:
number of providers means the number of registered higher education providers at the start of the relevant year.
provider's equivalent full‑time students means the total number of students enrolled, on an equivalent full‑time basis, in each accredited course that was, in the year that is 2 years before the relevant year, provided by the provider.
total equivalent full‑time students means the total number of students enrolled, on an equivalent full‑time basis, in each accredited course that was, in the year that is 2 years before the relevant year, provided by each entity that, at that time, was a registered higher education provider.
 (3) In working out, for the purposes of subsection (2), the number of students enrolled on an equivalent full‑time basis in an accredited course in a year:
 (a) count a student that has a full‑time study load for the course and the year as 1 student; and
 (b) count any other student as a fraction that represents the student's amount of study undertaken as part of the course and the year relative to a student that does have a full‑time study load for the course and the year.
Example: A full‑time student is enrolled in 8 units of study as part of a course for a year and is counted as 1 student. A part‑time student is enrolled in 4 units of study as part of that course and is counted as half of 1 student. Another student is enrolled in 10 units of study as part of that course and is counted as 1 and a quarter of 1 student.

Compliance component of charge
 (4) The compliance component of the charge for a year is the sum of the following:
 (a) if, in the previous year, TEQSA decided to commence one or more assessments under section 59 of the TEQSA Act to assess whether the provider continued to meet the Threshold Standards (within the meaning of that Act)—$36,000 for each assessment;
 (b) if, in the previous year, TEQSA decided to commence one or more assessments under section 61 of the TEQSA Act in respect