Career education funding (replacing managed individual pathways) (reference 91)

Managed individual pathways (MIPs) funding will be refocused as career education funding (CEF) from 2019. 

CEF accountability and reporting requirements are available at career education funding.

Funding

For years 7-9

CEF funding is based on enrolments of students in years 7 to 9 in Victorian government secondary schools and students aged 12-14 years in Victorian government specialist schools and English language settings.

For years 10-12

CEF funding is based on enrolments of students aged 15 years and over in Victorian government specialist schools and English language settings and years 10 to 12 in all other Victorian government secondary schools, and the school's student family occupation (SFO) density.

Additional funding is provided to schools with SFO densities greater than a threshold value to support young people at risk of disengaging or not making a successful transition to further education, training or secure employment.

Calculation

For years 7-9

CEF allocation = CEF enrolments x base per student rate

Note: if a school's CEF allocation is less than the minimum allocation (as identified in 'rates' below), the school will receive the minimum allocation. The minimum allocation is set based on enrolment levels.

For year 7

Rates 2019
Base per student rate $5.00 per CEF enrolment

Minimum allocation                                                  $250.00

For year 8

Base per student rate $10.00 per CEF enrolment

Minimum allocation                                                 $250.00

For year 9

Base per student rate $30.00 per CEF enrolment

Minimum allocation                                                 $500.00

For years 10-12

CEF allocation = base allocation + at risk allocation

Note: If a school's CEF allocation is less than the minimum allocations (as identified in 'rates' below), the school will receive the minimum allocation. The minimum allocation is set based on enrolment levels.

CEF formula components

CEF enrolments = students aged 15 years and over in Victorian government specialist schools and English language settings and years 10 to 12 in all other Victorian government secondary schools.

Base allocation = CEF enrolments x base per student rate

At risk allocation (only if the schools SFO index is greater than the SFO threshold - see 'rates' below) = CEF  enrolments x ([school SFO index] - [SFO threshold])/ (1 - [SFO threshold]) x At risk allocation per student rate

For years 10 to 12

Rates 2019

Per student rates
Base per student rate $44.33 per CEF enrolment
At risk allocation per student rate $559 per CEF enrolment
SFO threshold   0.4190

Minimum allocations

 <30 CEF enrolments 

30 to 99 CEF enrolments

>=100 CEF enrolment

 

$208 per CEF enrolment

$6,000 in total

$10,000 in total