Income received by the University can be counted towards the Higher Education Research Data Collection (HERDC), provided that the funding is granted for research purposes and meets all HERDC criteria. The four HERDC research income categories are as follows:
A small set of research grants that meet certain eligibility criteria are placed on the Australian Competitive Grants Register (ACGR). These grants are classified as Category 1 opportunities , are highly competitive and available to researchers Australia-wide.
Category 1 income is the most advantageous to the University, both financially and reputationally, while Category 2, 3 and 4 income provides the same financial benefit.
Research income that derives from all areas of the public sector is classified as Category 2. This includes Federal, State / Territory, and Local levels of government, as well as government business enterprises.
Research income that falls under Category 3 includes funding from Australian industry, philanthropy, and other non-government sources, together with all sources of international funding.
A specific category to cover the funding arrangements of Cooperative Research Centres (CRCs), Category 4 designates research income (from all external sources) that flows to the University as part of a CRC.