Load Planning for the 2014 – 2018 Triennium: xx 2014 Faculty Briefing Pack

1. Load Planning for the 2014 – 2018 Triennium:xx2014 Faculty Briefing Pack June 2013

2. How is Student Load Projected? Step 1: Project Continuing Load Step 2: Project Course Load Step 3: Project Teaching / Unit Load How is CSP Student Revenue Projected? Step 1: Calculate $$ per EFTSL for each unit Step 2: Calculate pre-cap projected revenue Step 3: Calculate post-cap projected revenue How is Domestic Fee Paying / International Revenue Projected? Step 1: Projected Course Revenue Step 2: Projected Unit Revenue

3. How is Student Load Projected? Step 1: Project Continuing Load = Actual student load from latest semester X Historical continuing rate Projected Student Load X Projected Student Load Continuation rate = % of students in one semester who continue to study in the following semester (calculated using EFTSL). Projected student load is obtained by applying the continuation rate from the closest matching historical cohort to the actual student load from the latest semester. Eg., 2012 Semester 1 to Semester 2 continuing load for those students who commence in Semester 1, 2012 will be calculated using the 2011 Semester 1 to Semester 2 continuation rate for those students who commenced in Semester 1, 2011. Based on the closest matching historical cohort (eg., Sem 1 2011 rates based on Sem 1 2010)

4. How is Student Load Projected? Step 2: Project Course Load Impact of winter term Projected Continuing Load Projected Course Load Entered Commencing Student Load = + +/- • Projected Course Load • Projected Continuing Load: taken from Step 1 • Entered Commencing Student Load: planned commencing student load is entered into Calumo by faculties by course and fee type (CSP, Domestic Fee Paying, International Fee Paying) • Impact of Winter Term: two adjustments are made: • Continuing Winter (and Summer) Term Load: continuing load from Winter and Summer terms are redistributed to Sem 1 or Sem 2 to ensure all load is accounted for within the same year • Impact of Winter Term: The model assumes that any load undertaken in Winter Term is accelerated from future semesters, i.e, Winter Term does not increase the overall EFSTL studied by the average student over the length of their course. The model therefore assumes that any load taken in Winter Term reduces the total load studied in the following semesters. • Eg., in 2010 the Winter Term load was 600 EFTSL. This resulted in 150 EFTSL (25%) being taken off each of the following four semesters (to Sem 1, 2012).

5. How is Student Load Projected? Step 3: Project Teaching / Unit Load X = Projected Course Load Historical Unit Pattern Projected Teaching / Unit Load X • Projected Teaching / Unit Load • Projected Course Load: taken from Step 2 • Historical Unit Pattern: is obtained using one of two methods: • Existing courses: course load is split into units based on the historical pattern of units studied by students enrolled in the same course, or • New courses: uses historical unit patterns from the closest matching existing course. Based on actual historical unit split for that course or Based on split from closest matching existing course

6. How is CSP Student Revenue Projected? Step 1:Calculate $$ per EFTSL for each unit + = Unit $ per EFTSL Student Contribution Amount (SCA) Commonwealth Cluster Rate (CGS) Dollars per EFTSL for each Unit Commonwealth Cluster Rate: each unit is assigned to a cluster based on Field of Education. Each cluster has a different funding rate determined by the Commonwealth which changes annually. This represents the Commonwealth Component of CSP funding (CGS). 2013 rates will be used if known, otherwise 2012 rates plus 3.8% indexation. Student Contribution Amount: Students contribute some of the costs of study through income-contingent loans (HECS). The amount paid by each student is based on Field of Education, with funding rates determined by the Commonwealth. This represents the Student Component of CSP funding (SCA). Total CSP Funding = Commonwealth Component + Student Contribution Amount NB: CSP load that is deemed to be over the cap only generates funding from the Student Contribution Amount. As of 2012, caps will be removed from bachelor courses, but will still apply to domestic cohorts at postgraduate coursework and sub-bachelor levels.

7. How is CSP Student Revenue Projected? Step 2:Calculate pre-cap projected revenue = Pre-Cap Projected Revenue Unit $ per EFTSL X Projected CSP load by Unit Pre-cap Projected Revenue: This stage calculates the total potential CSP revenue, not taking into account the effect of Commonwealth imposed caps.

8. How is CSP Student Revenue Projected? Step 3:Calculate post-cap projected revenue x = Post-cap Projected Revenue Pre-Cap Projected Revenue Cap Reduction Factor Post-Cap Projected Revenue Pre-Cap Projected Revenue: taken from Step 2 Cap Reduction Factor: calculated as follows: Cap Reduction Factor = Pre-Cap CGS + SCA Capped CGS + SCA

9. How is Domestic Fee Paying / International Revenue Projected? Step 1: Project Course Revenue = Projected Course Revenue x Projected Fee Paying Course Load Cohort Course Fee • Cohort Course Fee: Revenue is calculated using either: • Actual rates for outer years (if known), or • Previous year actual rates + agreed course increases for following year

10. How is Domestic Fee Paying / International Revenue Projected? Step 2: Project Unit Revenue = x Projected Unit Revenue Historical Unit Pattern Projected Course Revenue • Project Unit Revenue • Calculated at course level • Historical Unit Pattern: : is obtained using one of two methods: • Existing courses: course load is split into units based on the historical pattern of units studied by students enrolled in the same course, or • New courses: uses historical unit patterns from the closest matching existing course.

11. Questions???? For further information contact: Marea England - 6201 2767 Business Intelligence Analyst Planning and Quality Unit Marea.England@canberra.edu.au Sally Nimon – 6206 3920 Director: Planning and Quality Unit Sally.nimon@canberra.edu.au