Tuition Protection Service

Login or Register

TPS Levy and Overseas Student Tuition Fund (OSTF)

The TPS levy

All CRICOS providers are subject to the TPS Levy, as stated in the Education Services for Overseas Students (TPS Levies) Act 2012. The 2017 TPS Levy is comprised of the components as follows:

A registered provider's Administrative Fee Component for a year is the sum of:

(a) $107; and

(b) $2.15 multiplied by the total enrolments for the provider for the previous year (2016).

A registered provider's Base Fee Component for a year is the sum of:

(a) $215; and

(b) $5.38 multiplied by the total enrolments for the provider for the previous year (2016).

Registered schools that have no international students are exempt from the requirement to pay the base fee component of the TPS Levy (Section 7 of the Education Services for Overseas Students (TPS Levies) Act 2012).

Note: Both the Administrative and the Base Fee components are subject to indexation, as per Part 2, Section 8 of the Education Services for Overseas Students (TPS Levies) Act 2012. The Administrative and Base Fees shown above have been indexed for the 2017 TPS Levy in accordance with the legislative requirements.

Risk rated premium component

The TPS Director, with advice from the TPS Advisory Board, has determined the risk factors and the specified percentage rate for the risk rated premium component. The TPS Director is required to publish, through a legislative instrument, the risk factors and other relevant components to be used in assessing each provider's risk. The risk factors determined by the TPS Director are intended to reflect the risk of default and therefore the risk of a call each provider represents on the tuition protection framework. Click here to obtain a copy of the legislative instrument - Education Services for Overseas Students (TPS Levies - Risk Rated Premium and Special Tuition Protection Components) Instrument 2016. The specified percentage rate for the 2017 TPS Levy is 0.08%.

A registered provider's risk rated component of the TPS Levy for a year is worked out in accordance with the following formula:

Specified percentage for the year multiply increased factor for the risk factor for the year multiply provider's overseas student tuition fees for the year

Note: Under section 12 of The ESOS (TPS Levies) Act 2012, the Minister can exempt a class of providers from paying the risk component of the Levy. Under the legislation, providers listed as Table A under the Higher Education Support Act 2003, State and Territory VET institutions and Government schools are exempt from paying this component of the TPS Levy.

Special Tuition Protection Component

Before the beginning of each year, the TPS Director must, by legislative instrument, specify a percentage for that year. The percentage specified rate for 2017 is zero.

A registered provider's special tuition protection component for a year is worked out in accordance with the following formula:

Specified percentage for the year multiply provider's overseas student tuition fees for the year

The Overseas Students Tuition Fund (OSTF)

Funds collected through the TPS Levy will be paid into the OSTF. It will be used for funding the placement and refund activity for international students and is managed by the TPS Director.