The Diario de Pernambuco is acknowledged as the oldest newspaper in circulation in Latin America (see: Larousse cultural; p. A -asu k.aA do Femandes. RTO 101: What RTOs Do and Why Session 1 - System Operations Session 2 - RTO Spot Markets. 2 Topics for This Meeting. • Left confusion over ISO vs Transco, different RTO functions, etc. 24 Interim Coordination Between RTOs Can Partly Reconfigure RTO Boundaries MISO PJM (1) MISO/PJM coordinate flows between them.

Standard Seven: Clause 7.3 Protect prepaid fees by learners Clause 7.3 Where the RTO requires, either directly or through a third party, a prospective or current learner to prepay fees in excess of a total of $1500 (being the threshold prepaid fee amount), the RTO must meet the requirements set out in the Requirements for Fee Protection in Schedule 6. What this Standard means for your RTO ‘Prepaid fees’ (sometimes referred to as ‘fees collected in advance’) means fees collected before the relevant services have been provided. These include payments made at any time before, during or after the learner enrols. Your RTO may collect up to $1500 fees in prepaid fees from a learner without needing to take any action to protect these fees, as explained in (refer to ). RTOs registered on the Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS) must satisfy both the requirements of this clause and of the Tuition Protection Service (TPS) under the Education Services for Overseas Students Act 2000. The TPS requires that not more than 50 per cent of the fees for an overseas student be prepaid. This applies even if 50 per cent of the course fees would be less than the threshold prepaid fee amount.

Chertezh kozlovogo krana kks 10. The requirements that apply to prepaid fees include all fees that a learner is required to pay, including enrolment fees, tuition fees, materials fees and any other fee component that is a mandatory payment for the course. RTOs are only required to protect prepaid fees from individual learners and prospective learners. These requirements do not apply, for example, where an employer engages an RTO to provide training and/or assessment to its staff. Government entities and Australian universities If your RTO collects more than the maximum $1500 per learner in prepaid fees, you must have and implement a policy that details how, if your RTO is unable to provide the services which have been paid for, learners will be: • placed into an equivalent course without having to pay any additional fees for the portion of the course they have paid in advance, or • refunded for all fees paid in advance over $1500.

As required by Standard Five, you must notify learners of the fees they must pay and when they are due, as well as providing access to your RTO’s fee protection policy. All other RTOs Where your RTO collects more than $1500 per learner in prepaid fees, you must take action to protect the prepaid fees that exceed $1500 for any learner. In these instances, you must have at least one protection measure in place for each learner; however, this does not have to be the same measure for all learners (see for types of protection measures). If you never hold more than $1500 in prepaid fees from any learner, you do not have to take further action to protect the fees of learners. Consider how best to structure your fee payment schedule. • If you offer a 10-week course that costs $2000, the course costs $200 per week.

Therefore, you could collect $1500 at the time of enrolment and the remaining $500 after week seven without needing to have any protection measures in place. • If you wanted to collect the total course cost at the time of enrolment, you would have to have one or more of the measures in Schedule 6 in place. • There are many other options you could choose, such as collecting weekly fees, or collecting a deposit of up to $1500 at the time of enrolment and then a weekly amount equal to the calculated weekly cost of the course.