Continuing Education and Training Act, 2006 (Act No. 16 of 2006)

Notices

National Norms and Standards for Funding Technical and Vocational Education and Training Colleges

C. The System for Funding Public Further Education and Training Colleges

30 - 31. Types of funding for public TVET Colleges
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30.The income of TVET Colleges can be divided into the following seven streams:

 

(a)Formula funding of programmes

 

(b)Earmarked capital funding

 

(c)College fees

 

(d)Student financial aid

 

(e)Fee-for-service income

 

(f)Other private funding

 

(g) Other earmarked grants.

 

31.Section D below deals with the formula funding of programmes stream. The remaining funding streams are dealt with in Section E