Summary
Amends the:
Higher Education Support Act 2003
to: update indexed amounts for Other Grants and Commonwealth Scholarships; add the 2016 funding year; enable the minister to determine maximum payment amounts for Other Grants and Commonwealth Scholarships by legislative instrument from 2013; and enable wider disclosure of information to the Tertiary Education Quality and Standards Agency, the National VET Regulator and to the staff of state and territory agencies, higher education providers, VET providers and bodies or associations determined by the minister; and
Australian Research Council Act 2001
to: apply indexation adjustments for existing schemes for the financial years starting 1 July 2012, 2013 and 2014; and set an additional funding cap for the financial year starting 1 July 2015.