Document ID: chunk:federal_register_of_legislation:F2018C00933:clause:1_4
Version: federal_register_of_legislation:F2018C00933
Segment Type: clause
Provision Reference: sch 1 cl 4
Character Range: 55978–58806

4  Third step (Establish a raw entitlement)
 (1) Pool B is divided into the following components:
 (a) a component for enrolment comprised of 30 per cent of Pool B (Enrolment Component);
 (b) a component for regional areas and remote areas comprised of 10 per cent of Pool B (Regional and Remote Component);
 (c) a component for success rate comprised of 30 per cent of Pool B (Success Rate component);
 (d) a component for course completions comprised of 30 per cent of Pool B (Completion Component).
 (2) For each eligible higher education provider, the factor in column 2 of the table is established by performing the calculation in column 3 of the table using data consistent with the most recent publicly available full-year student data in the Higher Education Student Data Collection.

Factors
Column 1  Column 2                    Column 3
Item      Factor                      Calculation
1.        Enrolment Factor            Divide the provider's EFTSL of Indigenous students by the sum of EFTSL of Indigenous students for all eligible higher education
2.        Regional and Remote Factor  Divide the provider's EFTSL of Indigenous students by the sum of EFTSL of Indigenous students from regional areas and remote areas for all eligible higher education providers
3.        Success Rate Factor         Divide the provider's success rate for Indigenous students by the sum of the success rates for Indigenous students at all eligible higher education providers
4.        Completion Factor           Divide the provider's course completions of Indigenous students by the sum of course completions of Indigenous students for all eligible higher education providers

 (3) For each eligible higher education provider, the component share in column 2 of the table is established by performing the calculation in column 3 of the table:

Factors
Column 1  Column 2                             Column 3
Item      Component Share                      Calculation
1.        Enrolment Component Share            The provider's Enrolment Factor is multiplied by the amount of the Enrolment Component
2.        Regional and Remote Component Share  The provider's Regional and Remote Factor is multiplied by the amount of the Regional and Remote Component
3.        Success Rate Component Share         The provider's Success Rate Factor is multiplied by the amount of the Success Rate Component
4.        Completion Component Share           The provider's Completion Factor is multiplied by the amount of the Completion Component

 (4) An eligible higher education provider's raw entitlement is established by adding each of the following component shares of the provider:
 (a) Enrolment Component Share; and
 (b) Regional and Remote Component Share; and
 (c) Success Rate Component Share; and
 (d) Completion Component Share.