Higher Education Funding

The majority voted in favour of a motion introduced by Greens Senator Lee Rhiannon, which means that it was successful. The motion is:

That the Senate-

_(a) notes that in its first budget the Abbott Coalition Government is cutting $5.8 billion from public higher education, including:_(Read more about the 2014 federal budget and its impacts on higher education on Wikipedia here. )

_(i) $3.2 billion from changes to the HECS-HELP repayment threshold and increased interest rates for HECS-HELP debt,_

(ii) $1.1 billion from cuts to Commonwealth funding for course fees,

(iii) $504 million from removing the grandfathering provisions included in the conversion of Student Start-Up Scholarships into loans,(Read more about this budget initiative here.)

(iv) $290 million from cutting funding to Relocation Scholarships,

(v) $204 million from decreasing indexation rates for grants,

(vi) $170 million from research training cuts,

(vii) $121 million from cutting higher education reward funding,

(viii) $87.7 million from removing the HECS-HELP discount for priority courses redundant,

_(ix) $75 million ARC funding cuts,_

(x) $51 million from cuts to Access and Participation Grants, and

_(xi) $31million from cuts to the Tertiary Education Quality and Standard Agency;_

(b) acknowledges the crucial role played by public higher education in providing millions of Australians with skills that benefit the broader community; and

(c) calls on the Government to immediately reverse these budget cuts and commit to a well funded and accessible public higher education system.

References