The Skilled Capital initiative provides $21 million over three years to improve access to high quality training in areas of skills need and maximise improved employment outcomes for students. The initiative also provides a comprehensive range of support services to ensure students accessing training receive the help they need to successfully complete their chosen qualification.
Skilled Capital Qualifications
Skilled Capital qualifications are a subset of qualifications from the ACT Skills Needs List and include a selection of certificate II qualifications. The number of training places available under Skilled Capital is capped for each qualification. Qualification caps may be adjusted throughout the initiative based on enrolment uptake, changing skills needs and budgetary constraints. The qualifications offered by each Skilled Capital approved RTO including the RTO's student tuition fees and website are available on the Skilled Capital website.
Skilled Capital Qualification List - August 2017
The qualifications included in the August 2017 Skilled Capital release will be available for enrolment from 9:30am 2 August 2017.
Qualifications included in this release and the original release will remain open until 22 December 2017 or until qualification caps are reached.
Skilled Capital Qualifications Available for Eligible ACT School Students
Twenty-nine Skilled Capital qualifications released in 2017 are now available for eligible ACT school students. Please refer to the ACT Standards Compliance Guide for Skilled Capital for School Student Eligibility requirements.
Skilled Capital Skill Set List - August 2017
The Skill Sets included in the August 2017 Skilled Capital release will be available for enrolment from 9:30am 2 August 2017.
The Skill Sets in this release will remain open until 22 December 2017 or until Skill Set caps are reached.
Program Differences for Skill Sets Compared to Full Qualifications in Skilled Capital
|Loadings||Lowered amount to $150 per loading|
|Additional Support||No Changes|
|Foundation Skills||No Changes|
|Fee Waiver||No Changes|
|Recognition of Prior Learning (RPL)||No Changes|
|Credit Transfer||No Changes|
|Student Completion Bonus||$100 per eligible completion|
|Initial Payment||No Changes|
Skilled Capital Qualification List - February 2017
The qualifications included in the February 2017 Skilled Capital release will be available for enrolment on 9:00am 15 February 2017.
Qualifications included in this release will remain open until the end of 2017 or until qualification caps are reached.
Skilled Capital Qualification List and Foundation Skills List
- Skilled Capital Qualification List (25KB)
- Skilled Capital Qualification List (114KB)
- Skilled Capital Foundation Skills List (118KB)
Skilled Capital 12 Month Review
The Skilled Capital 12 month evaluation was conducted to review the ACT’s flagship entitlement program’s first year of operation. While the program is still in its pilot stage, valuable data obtained over its three releases of training places, both from Skills Canberra’s own records and from extensive stakeholder consultation, has enabled a thorough assessment of its key elements and attributes. The evaluation document describes Skilled Capital’s background; its review’s purpose, key questions of focus and methodology; and the evaluation’s findings, drawing conclusions about possible avenues for change to the program’s design. The elements evaluated are student eligibility criteria, budget protection mechanisms, tuition fees, access and equity, increasing contestable training funding, improving access to skills needs areas and student completion outcomes. Importantly, the document also addresses Skilled Capital’s contribution to the ACT’s National Partnership training targets.
Skilled Capital Research Papers
The Skilled Capital initiative is underpinned by a comprehensive evidence base to ensure the initiative is appropriately targeted to support high quality training in areas of highest skills need. Extensive research was undertaken, reflecting on the experiences of other state and territory governments as well as the extensive range of literature that supports best practice principles within the training sector.
The evidence base has been captured in eight Research Papers which consider key elements of the design of the Skilled Capital initiative and demonstrate the ACT Government’s continued focus on evidence-based policy design. The Research Papers complement the extensive research undertaken to identify skills needs within the ACT through the development of the Forecasting Industry Needs and Entitlement (FINE) tool and the production of the ACT Skills Needs List.
Skilled Capital Research Papers
- Minister for ACT Education and Training Message (94kb)
Minister for ACT Education and Training Message (152kb)
- Research Paper 1: Student Eligibility Criteria (207kb)
Research Paper 1: Student Eligibility Criteria (238kb)
- Research Paper 2: Budget Protection Mechanisms (293kb)
Research Paper 2: Budget Protection Mechanisms (260kb)
- Research Paper 3: Tuition Fees (241kb)
Research Paper 3: Tuition Fees (813kb)
- Research Paper 4: Payment Model (242kb)
Research Paper 4: Payment Model (250kb)
- Research Paper 5: Funding Model (456kb)
Research Paper 5: Funding Model (251kb)
- Research Paper 6: Concessions (228kb)
Research Paper 6: Concessions (809kb)
- Research Paper 7: Foundation Skills (360kb)
Research Paper 7: Foundation Skills (334kb)
- Research Paper 8: Additional Support (217kb)
Research Paper 8: Additional Support (872kb)