Edith Cowan University will receive $6.9 million to tailor its teaching program to produce job-ready graduates from the Federal Government.

 

The Perth-based University is the first in the nation to receive a grant under the Gillard Government’s $400 million Structural Adjustment Fund (SAF).

 

The Government established the $400 million Structural Adjustment Fund to help universities make significant structural changes that will allow them to operate more competitively in the demand driven funding system.

 

All universities were invited to apply for SAF funding, however, its clear focus is on outer metropolitan and regional universities, and on universities that need to make substantial changes to succeed and deliver quality in the new system.

 

The introduction of a demand driven funding system in 2012 is a fundamental macroeconomic reform that will change the face of Australian higher education. 

 

Other universities which were successful at SAF Stage 1 will now be considered by the Education Investment Fund Advisory Board.  Universities will be advised of the outcome mid-year.

 

For more information visit:      http://www.deewr.gov.au/StructuralAdjustmentFund.