What is the thinking behind encouraging over enrolments and what is the financial impact of over enrolments? Are they across the board or degree specific?
• All universities currently have a contract with the Government for the profile of students they enrol. • The current system is that if Monash achieves the agreed number of student enrolment set for the year, then Monash will receive the funding that goes with those students. However if they manage to attract extra students, then the Government may contribute up to a maximum of 1%, for these additional students. • Monash has done well in the past in meeting its targets. • In the 2007 Budget the Government announced that for 2008 it would fully fund over enrolments up to 5% – with each 1% of over enrolment representing around $3M to Monash. Whilst some faculties are restricted and others have low demand, Monash plans to take advantage of this opportunity. The overall target needs to be met before any over enrolment is considered.
