Help → Gross receipt, EFTSL
TEQSA registered Commercial (for profit) higher education providers can choose to pay a fee of either a percentage of gross receipts, or a flat 'per EFTSL' rate for the higher education portion of their education delivery. For the non higher education portion of the institution's education delivery (if applicable), the licence fee is 0.25% of gross receipts.
Help → Gross receipts
'Gross receipts' means annual gross turnover from all training activity including, without limitation:
- all student fees including, enrolment fees, tuition fees, library fees and course material fees;
- fee for service training; and
- government funded and employer funded placements.
Help → Previous Return
'Previous Return' displays the values entered for last year's Licence Update submission