Purpose of this document
- The overarching purpose of this document is to describe the methodology for calculating the EPIs and the participation indicator.
- This document sets out the current business methodology for calculating the EPIs and the participation indicator. The detailed business methodologies are subject to change.
- The changes between this version and the previous version are summarised in the version control table at the front of this document.
Role of EPIs
- Educational performance, for the purposes of this document, means activities TEOs undertake that contribute to the Government’s vision for the tertiary education system: this requires tertiary education to ‘better equip individuals with the skills and qualifications needed to participate effectively in the labour market and in an innovative and successful New Zealand’. This document defines the indicators the Government is using to measure educational performance.
- TEC’s funding is linked to educational performance, and information on the educational performance of all TEOs is published annually. Making information such as completion and retention rates public strengthens the accountability of TEOs and better informs students and employers when they are making choices about tertiary education.
Content of this document
- This document details the definitions and methodology for calculating the successful course completion, student retention, qualification completion and student progression EPIs and the participation indicator.
- The methodology used when TEOs merge or one TEO purchases another TEO is described in Appendix A.
- This version expands the SAC definitions and methodology to apply the EPIs across all SAC funds.