Govt has signalled the beleagured international education sector not to expect anymore international students for the remainder of the year.
This was announced in a press briefing earlier this afternoon by Prime Minister Jacinda Ardern, Minister for Education Chris Hipkins while releasing a long-term strategic recovery plan, backed by $51.6 million investment from the COVID recovery and response fund.
“The Government is acutely aware of the challenges the sector is currently facing,” Chris Hipkins said.
“We are sensitive to the impact the unexpected loss of revenue will have had on international education providers and the investment announced today will help cushion the blow.
“New Zealand’s international education sector has an opportunity to benefit from the strong international reputation we have gained through our handling of the COVID-19 crisis.”
According to a break-down of this $50 million funding received from the office of Education Minister Mr Hipkins a whopping $20 million will be going towards state and state-integrated schools while Private Training Institutes (PTEs) will be receiving $10 million.
There is no dedicated support for the universities.
Govt support for marketing & promotion of international education
Despite no more intake for international students this year the government has decided to support with a $3 million funding support for or marketing activities to keep New Zealand’s education brand visible in key markets while travel is restricted.
The government is also working in the direction of allowing international students to continue studies from their home country in some cases.
This initiative will be part of a $10 million to develop new future-focused products and services to drive growth in international education system.