The Minister for Education, Julia Gillard today announced an injection of $500 million into universities through a new Teaching and Learning Capital Fund for Higher Education.
The new fund will provide a one-off investment of $500 million targeting capital expenditure towards the development of teaching and learning spaces in Australia’s universities that are physically and technologically appropriate for 21st century approaches to tertiary education.
The Teaching and Learning Capital Fund is part of a $4.7 billion nation-building infrastructure package announced by the Prime Minister today to support Australia’s economy in tough times.
The new fund will revitalise university teaching and learning spaces across Australia in a way that responds immediately to areas of demand. The fund will target the development of new infrastructure as well as the upgrading of existing facilities.
TLC grants will be made available from 1 July 2009. Funding will be distributed among universities through grants taking into account each university's share of total domestic students. Institutions with large numbers of students will especially benefit.
The Australian National University will receive an additional $10 million in recognition of its unique mix of teaching and research. Universities will determine the projects to be undertaken consistent with their individual missions and campus needs.
This new capital investment comes on top of $500 million already invested in universities through the Better Universities Renewal Fund and the Education Investment Fund.
The Rudd Government is investing in Australia’s long term productive future and has made it a national priority to create a world-leading higher education and research sector for Australia.
Distribution of Teaching and Learning Capital Fund
|
Higher Education Provider |
Approximate Grant $m |
|
The Australian National University |
18.2 |
|
University of Canberra |
5.4 |
|
Australian Capital Territory Total |
23.6 |
|
Australian Catholic University |
8.3 |
|
Multi-State Total |
8.3 |
|
Charles Sturt University |
14.9 |
|
Macquarie University |
12.9 |
|
Southern Cross University |
6.6 |
|
The University of New England |
7.9 |
|
The University of New South Wales |
22.2 |
|
The University of Newcastle |
15.0 |
|
The University of Sydney |
27.0 |
|
University of Technology, Sydney |
16.0 |
|
University of Western Sydney |
20.4 |
|
University of Wollongong |
10.1 |
|
New South Wales Total |
153.1 |
|
Batchelor Institute of Indigenous Tertiary Education |
0.4 |
|
Charles Darwin University |
3.0 |
|
Northern Territory Total |
3.5 |
|
Bond University |
2.4 |
|
Central Queensland University |
6.4 |
|
Griffith University |
19.3 |
|
James Cook University |
8.0 |
|
Queensland University of Technology |
23.2 |
|
The University of Queensland |
22.7 |
|
University of Southern Queensland |
8.0 |
|
University of the Sunshine Coast |
3.3 |
|
Queensland Total |
93.2 |
|
The Flinders University of South Australia |
8.8 |
|
The University of Adelaide |
11.1 |
|
University of South Australia |
14.9 |
|
South Australia Total |
34.8 |
|
University of Tasmania |
10.5 |
|
Tasmania Total |
10.5 |
|
Deakin University |
17.4 |
|
La Trobe University |
16.5 |
|
Melbourne College of Divinity |
0.5 |
|
Monash University |
26.0 |
|
RMIT University |
16.7 |
|
Swinburne University of Technology |
7.6 |
|
The University of Melbourne |
24.1 |
|
University of Ballarat |
3.6 |
|
Victoria University |
10.5 |
|
Victoria Total |
123.0 |
|
Curtin University of Technology |
15.3 |
|
Edith Cowan University |
10.9 |
|
Murdoch University |
7.8 |
|
The University of Notre Dame Australia |
4.2 |
|
The University of Western Australia |
11.7 |
|
Western Australia Total |
49.9 |
|
TOTAL |
500.0 |
|
Note - totals may not add due to rounding |
|