Significant cuts to TAFE funding announced in the Victorian State Budget last night will severely impact Victoria University's delivery of vocational courses to students.
Victoria University Vice-Chancellor Professor Peter Dawkins said, "Our initial modelling would suggest that reductions to TAFE funding will mean a substantial $29 million cut to Victoria University's annual vocational education funding and will bring about a fundamental change to the way vocational education is being delivered."
From an overall perspective this equates to a much lower level of funding than has previously been provided to TAFE institutes and a significant shift for TAFE delivery in Victoria.
"While the magnitude of these cuts has surpassed our expectations, we were expecting some reductions and they have influenced our thinking in shaping the recently released discussion paper The VU Agenda: Excellent, Engaged and Accessible," Professor Dawkins said.
"I remain optimistic that the proposed new College structure which incorporates Higher Education and TAFE will position Victoria University as a successful university in a rapidly changing tertiary market.
"We are embarking on a program of rapid change which involves reviewing our existing TAFE courses and assessing the most appropriate workforce profile for the University going into the future. Ultimately our students will pay more for their training.
"We will now need to take some time to review the new subsidy system, consider fee changes as fee caps will be removed, and assess the impact on our students of possible fee increases in order to analyse the full impact on Victoria University," Professor Dawkins said.
Christine White, Public Affairs Unit, Victoria University, 9919 4322; 0434 602884; email@example.com